Hi,
If I pay Rs 1000 to an religious or charitable organization within section 80G, Will I get tax benefit on the only one of the Rs 1000 donated or the entire donation of Rs 12000 ( 12 months X Rs1000). Please confirm and suggest.
Regards
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Section 80g
Replies (3)
deduction is allowed for the amount you donate , and if you pay in cash more than 2000, you will be allowed deduction for 2000 only
you can take only 50% benefit of entire deduction to only registered charitable institution not religious one
only 50% of donation can be claimed of entire donation to only charitable institute
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