WHETHER AN ASSESSEE CAN AVAIL A DEDUCTION OF PAYMENT AMOUNTING TO2000/- TO "HELPAGE INDIA " AS DEDUCTION U/S 80GGA ,SINCE IT FORMS PART OF THE HELPAGE INDIA CORPUS...
2 Replies
CA. Roopali Kadam
(Jobs on assignment basis.)
(1459 Points)
Replied 28 June 2011
certificate is issued to donor showing the details of corpus etc i think in form 58A and if assesse having income from biz head then 100% deduction u/s35AC else for income other than biz u/s 80GGA
https://www.incometaxindiapr.gov.in/incometaxindiacr/contents/Forms/58A.pdf
Prakash Mali
(Artical Assistant)
(166 Points)
Replied 28 June 2011
If Form 58A issued & donation is out of buz. than 35AC otherwise 100% allowed u/s 80GGA
Recent Topics
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
- Urgent doubt on GST
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
Related Threads
CAclubindia
