Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Kumar...... (occupation )     26 December 2017

How are donations be declared

i am an individual, if i donate money to a hospital or any other charity work how can i declare that money/donation in my ITR ?



Learning

 1 Replies

R.Ramachandran (Advocate)     27 December 2017

If the organization to which you donate money is a charitable organization, then they will issue Certificate under Sec. 80G of the Income Tax Act.

On the basis of the said 80G certificate, you will be able to claim 50% of the donation as expenses. (not 100%).


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register