Easy Computation of Deduction under section 80G


                                   COMPUTATION OF DEDUCTION U/S 80G
CATEGORY
GQA (Total Amount Donated)
NQA
Amount of Deduction
I (17 Items)
100%
100% of GQA
100% of NQA
II (5 Items)
100%
50% of GQA
100% of NQA
III (2 Items)
100%
100% of GQA
100% of NQA*
IV (5 Items)
100%
50% of GQA
100% of NQA*
*Deduction under category III & IV cannot exceed 10% of ATI 
         ATI(Adjusted Total Income) means         Gross total income as reduced by
     Deduction permissible u/s 80C to 80U except 80G.
      Income referred u/s 111A, 112, 115BB (because chapter VIA deductions not available to such incomes)
CATEGORIES OF FUNDS


CATEGORY – I
CATEGORY – II
CATEGORY – III
CATEGORY – IV
17 FUNDS
 (No need to remember)
1. PMDRF
1. For promoting family planning(donated to govt., LA, AA)
1. Donated to public charitable trust.
2.Jawaharlal NMF
2. Donated to govt. or LA for charitable purpose.
3.National Children’sfund
3. Amount donated for renovation of notified temple, Mosque, Church or Gurudwara.
4.Rajiv Gandhi Foundation
2. Contribution by company to IOA or to any associations u/s 10(23).
4. Any donations to corporation of a govt. for promoting interest of SC, ST, BC.
5.Indira Gandhi MF
5. Donations to authority set-up for providing housing accommodation or town planning.

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