Section 80G - Deduction for Donation in Cash & Cheque

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  1. 82563

    82563 New Member

    DONATION GIVEN TO CHARITABLE TRUST RS.1,50,000 (IN CASH RS 25,000),HOW MUCH DEDUCTION WILL I GET?
     
  2. gaurav_kumar

    gaurav_kumar Well-Known Member

    Max deduction for donation made in cash is Rs. 10,000 only.

    For donation made through cheque - full deduction would be allowed.

    So if you have paid Rs. 1,25,000 in cheque and Rs 25,000 in cash - the deduction allowed would be Rs. 1,25,000 + Rs. 10,000 = Rs. 1,35,000
     
  3. sir proof of payment is required to submit along with return
     
  4. sir proof of payment is required to submit along
     
  5. gaurav_kumar

    gaurav_kumar Well-Known Member

    Proof of payment is not required to be submitted with the return.

    However, all details relating to name of the organisation, PAN No., Registration No. and other relevant details are required to be mentioned in the income tax return
     
    G.PARTHASARADHI REDDY likes this.
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