Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 January 2015
Dear expert.
we have given donation RS. 10000/- to Private trust. and also given some blanket cost rs. 4000/- my queries is. can i get exemption on both rs 10000/- as well as on blanket also rs 4000/-
we have given donation RS. 10000/- to Private trust. and also given some blanket cost rs. 4000/- my queries is. can i get exemption on both rs 10000/- as well as on blanket also rs 4000/-
29 January 2015
Hi
Only donations made in cash or cheque are eligible for deductions. Donations made in kind, in the form of food, clothing, medicines etc are not eligible u/s 80G.
Thanks!!
Only donations made in cash or cheque are eligible for deductions. Donations made in kind, in the form of food, clothing, medicines etc are not eligible u/s 80G.
Thanks!!
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 January 2015
sir. as per 80G. donation given cash to any privete trust is deductable if yes what is procedure payment 10000/- made in cash for donation. should i take the acknowledgment and what contain is mandatory in acknowledgment to get exemption..
29 January 2015
http://taxguru.in/income-tax/all-about-deduction-under-section-80g-of-the-income-tax-act-1961-for-donation.html
http://www.charteredclub.com/section-80g/
you can verify what vaibhav said in above link
http://www.charteredclub.com/section-80g/
you can verify what vaibhav said in above link
29 January 2015
you can get the deduction only in cash amount not the thing.
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