29 July 2013
I dis agree with the expert. The donation is exempted u/s 80G and not u/s 80GG. The donation should not exceed 10% of the taxable income and shall be allowed @50% of the donation given to charitable trust. If it is given to chief minister or Pri-minister it is 100% allowable. Like wise if donation is given to any NGO for specific purpose it is also allowed as deduction depending on the nature of payment u/s 35AC
CAclubindia
