Charitable-donation deduction rules expanded to include national foundations and approved universities by amendment to section 80G. Amendment expands deductions under section 80G by inserting sub-clauses recognising the National Foundation for Communal Harmony and, with effect from 1 April 1994, approved universities or educational institutions of national eminence as eligible donees; it also substitutes the proviso in sub-section (5), clause (vi), extending the relevant continuity requirement from three assessment years to five.
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.
Charitable-donation deduction rules expanded to include national foundations and approved universities by amendment to section 80G.
Amendment expands deductions under section 80G by inserting sub-clauses recognising the National Foundation for Communal Harmony and, with effect from 1 April 1994, approved universities or educational institutions of national eminence as eligible donees; it also substitutes the proviso in sub-section (5), clause (vi), extending the relevant continuity requirement from three assessment years to five.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
