Deduction of contribution or donations to certain funds or non-profit organisations.
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..... of the amount of money paid by him in the financial year as contribution or donation to any person specified in Part I of the Sixteenth Schedule; (b) one hundred and twenty-five per cent. of the amount of money paid by him in the financial year as contribution or donation to any person specified in Part II of the Sixteenth Schedule; &n....
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....ey paid to any person referred to in sub-section (1), if— (a) the amount is laid out or expended during the financial year for any religious activity; or (b) any activity of the donee is intended for, or actually benefits, any particular caste, not being the Scheduled Castes or the Scheduled Tribes. &n....
TaxTMI