Is Donation received by a co-operative society is taxable as income?
and Is the Donor avail exemption u/s 80G?
shiv kumar (articleship studnt) (47 Points)
05 April 2013Is Donation received by a co-operative society is taxable as income?
and Is the Donor avail exemption u/s 80G?
CA Neha Chauhan
(Chartered Accountant)
(574 Points)
Replied 06 April 2013
If Co-op society register u/s 80G by filing form no 10A then only a donor can claim the deduction for the same.
Regards,
Neha Chauhan
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