Donations Paid by dependants of Assessee

Kumar (Accountant/HR) (72 Points)

02 February 2011  

Hi,

Can anyone tell me,

1. Donations paid to spiritual trust by dependant mother of an assessee is exempted or taxable on the hands of assesse?

2. LIC Premia paid by assessee for dependant parents is exempted from taax or it is taxable?

 

Regards,

Kumar

Accountant/HR