Deductibility of donations enhanced for approved family planning contributions; only monetary donations qualify for deduction. The amendment prescribes that where specified donations include a contribution for approved family planning recipients, the deduction equals the whole of that contribution plus fifty per cent of the balance of the aggregate, otherwise fifty per cent of the aggregate; it expands eligible recipients to include specified authorities and Central Government approved bodies for promoting family planning and adds an explanation that only donations in money qualify for deduction.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deductibility of donations enhanced for approved family planning contributions; only monetary donations qualify for deduction.
The amendment prescribes that where specified donations include a contribution for approved family planning recipients, the deduction equals the whole of that contribution plus fifty per cent of the balance of the aggregate, otherwise fifty per cent of the aggregate; it expands eligible recipients to include specified authorities and Central Government approved bodies for promoting family planning and adds an explanation that only donations in money qualify for deduction.
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