Section 80G Receipt Format
Deduction in Respect of Donation under Section 80G
Income Tax Deduction in Respect of Donation under Section 80G of Income Tax Act, 1961. Section 80G deduction is available in respect of donation to charitable institutions, etc by any taxpayer maybe individual, company, firm or any other person. Person can claim 80G deduction for amount given in receipt or certificate of donation issued by donee. […]
Deduction in Respect of Certain Donation for Scientific Research or Rural Development under Section 80GGA
Eligible assessee: Any person whose total income doesn’t include income chargeable u/s 28. Eligible payment: Payment to an institution approved for the purpose of section. 35, 35AC, 35CCA. Amount of deduction: Actual payment Notes: Although an assessee having income chargeable u/s 28 can’t claim deduction under this sec, yet he can claim deduction under section […]