Maximum permissible deduction for donation u/s 80G which is subject to qualifying limit is restricted to –
A. 5% of GTI
B. 10% of adjusted GTI
C. 10% of adjusted total income
D. 5% of adjusted total income
Answer:B
Maximum permissible deduction for donation u/s 80G which is subject to qualifying limit is restricted to –
A. 5% of GTI B. 10% of adjusted GTI C. 10% of adjusted total income D. 5% of adjusted total income