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CA Final Telegram Channel for

Iclegram Channel DEDUCTION U/S V-A
Chapter 24
Notes

Under limited
DEDUCTION U/S VI-A
F category. there is limit of the donee
Trust/institutionfurnishessa
certificate to the
donorinformNo.
(Applicable w.e.f.01/04/=
XXX EligibBe donation, (ii)
10BE upto 31st
May of next
FY.
deduction u/s 80G
not eligible for
H,T XXX Donationspaid in kindare allowed if it is made in cash of more than
C XXX
3
Deduction under this section
not
Relief Fund, the CM Relief*2,000
PM National
Mobile XXX
5
4
Employees make
donations to the
respective employers, EE's shall
Fund or t
be eligible
Total Donation XXX
LG Relief Fund through their issued in the name of ER, ER will issue certifico
even certificate
10% of ATI XXX deduction u/s 80G
XXX such donation.
to EE's about
Eligible Donation
*ATI - Adjusted Total XXX House Property (HRA not recd)
GTI income # Section 80GG: Rent paid of
(exclude Income Taxable at special a. Eligible
Assessee: Individual
() All Rate)
A
TI
deductions (except 80G)
XXX

(xx) b. Amount of
deduction;
(i) 5000 p.m.
XXX
Nofe : Deduction under this
section is not allowed if donation made in cash is (ii) 25 %of Adj. GTI
than 2000. more GTI
(iüi) Rent Paid -10% of Adj.
child or HUF should not own ony he.
Note: The assessee or his spouse or minor
Example: deductions u/c VIA (Except uWe R0ce
place of his duty. Adjusted GTI=GTI- All
F, O
25,000
scientific research or.
HTC Mobile
40,000 Section 80GGA : Deduction in respect of Donation for
Total Donation
65,000 development
10% of ATI(4,50,000) 45,000 Eliaible ASsessee: All assessees (except assessees having income under the head PG
45,000 b Amount of deduction: 100% of donation.

F.0. (100%)
25,000 x 100% = 25000
K (50%)BAL (HTC MOB)
C.

#
Ifdonation amount is more than &2,000 then should be made other than Cash

Section 80GGB: Donation to Political Parties or Electoral Trust

20,000 x50%= 10,000
Notes: Eligible Assessee: Indian company
1
If doner made donation to any Trust/Institution then deduction shall be allowed only b Amount of deduction: 100% of donation.
if such trust/institution is registered u/s 80G(5). Time limit and procedure of
Section 80GGC: Donation to Political Parties or Electoral Trust
registration is similar to whatever we have discussed in trust topic u/s 12A and 12AB.
Doner shall be entitled to deduction u/s 80G oniy if: Eligible Assessee: Any person (other than Indian co.)
() the donee Trust/institution prepares a statement in Form No. 108D and b Amount of deduction: 100% of donation

submitted to PDGIT(System) upto 31st May of next FY, and Note:o jecucior, us 80GGB/80GGCif dcnatior mcde in CASH
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