expert only
there are some cases where both section can be applicable (however it is beneficial to go for 35AC). what are similarities between these sections? anyone plz clarify
CA Lokesh Pokharna
(CA (Ahmedabad Bhilwara Chittorgarh))
(4128 Points)
Replied 03 January 2013
under both sections donors can can get tax exemption by way of donating ... but u/s 80 g , there is specified list of donatee , while /s 35ac ngo can get fund after approval from national comitee.. so u/s 35ac no. of ngo's will be more ............while deduction methods also different in both sections.
nayan
(article assistant)
(466 Points)
Replied 03 January 2013
would you mind elaborating with list of ngos and all the sections?
CA Lokesh Pokharna
(CA (Ahmedabad Bhilwara Chittorgarh))
(4128 Points)
Replied 03 January 2013
i dont know list ngos are approves in 35ac ,, you should make own search
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
