Please Help: income tax
Posted Date : 29-Feb-2012 , 09:26:45 pm | Posted By naresh777
is donation exp is disallowed as per income tax act
Category : VAT | Answers : 3 | Comments : 1 | Hits : 243
Answers
Answer By: Ketan Samdani
Donation is disallowed while calculating business income but later on while calculating deductions u/c VI A i.e. sec 80 G it is allowed.
Answer By: Siddharth Bumb
yes first while calculating your income you have to add back to your profit and then take under chapter VI A under section 80G.. remember you cannot get double benefit..
Answer By: Rambabu Senkarasetti
U will get deduction u/s 80G
Comments
naresh777
01-Mar-2012 , 10:11:26 pmthanks