National defense fund
Irfan Hassan (Student) (61 Points)
18 September 2013
Dear Sir/Madam, donation to National Defense Fund allowed as a deduction under Income Tax Act?
3 Replies
Deepak Gupta
(CA Student)
(15922 Points)
Replied 18 September 2013
| Originally posted by : Irfan Hassan | ||
 |
Dear Sir/Madam, donation to National Defense Fund allowed as a deduction under Income Tax Act? |
 |
Yes, allowed to the extent of 100%.
.
Donation made to the National Defence Fund set up by the Central Government is allowed u/s 80G(2)(a)(i).
.
Donation made in cash will be allowed upto Rs. 10,000 and exceeding Rs. 10,000, in any mode other than cash.
Irfan Hassan
(Student)
(61 Points)
Replied 18 October 2013
In case, the donation exceeds 10000 and is paid in cash... will the entire amount or the amount in excess of 10000 disallowed?
Recent Topics
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
