How to prepare for tax

Querist : Anonymous (Querist) 01 December 2011 This query is : Resolved
Dear all
I would like to know the Income Tax provision of the following case:
Mr. X is proprietor of ABC firm and he is also a Trustee of XYZ Trust.
Mr. X give donation from his proprietory business to XYZ Trust (having 80G certificate )in which is he is trustee.
So my Question is whether Mr.X can claim exemption of Donation from his firm?
if not what are the other remedies

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adv. rajeev ( rajoo ) (Expert) 01 December 2011
Firm is seperate from the trust. In my opinion he can claim exemption u/s 80G for the firm.

Rajeev Kumar (Expert) 01 December 2011
Dear ld. expert we shouldn't attempt anonymous querist until they came with identity

Shailesh Kr. Shah (Expert) 01 December 2011
Of course, it is allow in exemption.

Sanjeev (Expert) 01 December 2011
He can claim exemption if 80G exeption is granted to the trust to whom he had given donation

M/s. Y-not legal services (Expert) 01 December 2011
yes am also agree with rajoo sir, opinion.,

prabhakar singh (Expert) 02 December 2011
I too agree with Mr.Rajoo.

Raj Kumar Makkad (Expert) 02 December 2011
I also agree with rajoo but what happenned with the decision of discarding anonymous querist?

At least expert should intimate all about the changed decision or reversal of collective decision so that backward persons like me be also benefitted.

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