Donation to National Children’s Fund will come in which of the following deduction under Sec. 80G of Income Tax Act, 1961.
A. 100 percent deduction without any qualifying limit.
B. 50 percent deduction without any qualifying limit.
C. 100 percent deduction subject to qualifying limit.
D. 50 percent deduction subject to qualifying limit.
Answer:B
Donation to National Children’s Fund will come in which of the following deduction under Sec. 80G of Income Tax Act, 1961.
A. 100 percent deduction without any qualifying limit. B. 50 percent deduction without any qualifying limit. C. 100 percent deduction subject to qualifying limit. D. 50 percent deduction subject to qualifying limit.