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80GGA Quires

Hamenth (Service) (7 Points)

25 March 2022

I'm a salaried person and made a donation of 2L to the rural research organization in this fiscal year and got the 58A form, now can I claim that as a tax exception under 80GGA? (I already paid 5L of tax in this fiscal year)

Added, I would like to that is it possible that I can carry forward my donation made under 80GGA?

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4 Replies

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 25 March 2022

Donations made under Section 80GGA are eligible for 100% tax deduction. There is no upper limit to the amount one can donate to institutes which adhere to principles under this Section

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debora M (BUSINESS DEVELOPMENT MANAGER) (1697 Points)
Replied 25 March 2022

Section 80GGA allows deductions for donations made towards scientific research or rural development. This deduction is allowed to all assessees except those who have an income (or loss) from a business and/or a profession

debora M (BUSINESS DEVELOPMENT MANAGER) (1697 Points)
Replied 23 May 2022

Section 80GGA allows deductions for donations made towards scientific research or rural development. This deduction is allowed to all assessees except those who have an income (or loss) from a business and/or a profession.