Please Help: income tax
Posted Date : 29-Feb-2012 , 09:26:45 pm | Posted By: Naresh777
Category :
VAT | Answers :
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is donation exp is disallowed as per income tax act |
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Answers:
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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.
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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..
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Answer by: Rambabu Senkarasetti |
U will get deduction u/s 80G
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Comments |
Posted By : Naresh777 |
01-Mar-2012, 10:11:26 |
thanks
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