% of deduction available on such donation Us 80GGC
4 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 31 July 2021
Maximum deduction allowed under Section 80GGC is 100%. This means that your entire contribution is fully eligible for tax deduction.
Hari Beldona
(ACA)
(1533 Points)
Replied 31 July 2021
The section 80GGC of the Income Tax Act allows the deductions from the total income of an individual taxpayer for his/her contributions made towards electoral trust or political party. ... However, the deduction amount allowed should not be more than the total income that is taxable.
Vinay Bhatnagar
(49 Points)
Replied 02 September 2022
Can individual get deduction under 80ggc more than 10 percent of gross total income reply plz
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