Mr. S made a donation of ₹ 50,000 to PM Cares Fund and ₹ 20,000 to Rajiv Gandhi Foundation by cheque. He made a cash donation of ₹ 10,000 to a public charitable trust registered under section 80G. The maximum deduction a
CS Executive · Tax Laws · PYQS · June 2024
Mr. S made a donation of ₹ 50,000 to PM Cares Fund and ₹ 20,000 to Rajiv Gandhi Foundation by cheque. He made a cash donation of ₹ 10,000 to a public charitable trust registered under section 80G. The maximum deduction allowable to him under section 80G for A.Y. 2024-25 is:
Answer & Explanation:
The official key records '*'. This question is excluded from automatic grading because the source does not supply an unambiguous valid choice. Official source note: None of the given options are correct. Correct answer is ₹ 50000 donation to PM cares fund. Donation made in Cash is not allowed as deduction u/s 80G. Further, Finance Act, 2023 has amended the section 80G omitted the donation made to Rajiv Gandhi Foundation out of the purview of u/s 80G.
Topics: Income Tax
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