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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Section 80G Amendment Caps Donation Deductions at 10% of Adjusted Gross Total Income</h1> Section 80G of the Income-tax Act was amended to substitute sub-section (4), which limits the deduction allowed for certain donations. If the total donations specified in certain sub-clauses exceed ten percent of the gross total income (after reductions for non-taxable income and other deductions under the chapter), the excess amount beyond ten percent is disregarded for deduction purposes. Other provisions and clauses referenced in section 80G were omitted or replaced by subsequent amendments effective from April 1, 1989. This amendment ensures a cap on the aggregate deductions allowable under section 80G relative to the taxpayer's adjusted gross total income.
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