Deduction in respect of certain donations for scientific research or rural development - (New) Section 135 / (Old) Section 80GGA

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....recipient must belong to the categories specified under clauses (a) or (b). • Clause (a): Donations for Scientific Research • The deduction is available where payment is made to- • a research association whose object is undertaking scientific research; or • a University; • a college; or • any other institution • provided such institution has been approved under Section 45(3)(a)(i). • Clause (b): Donations for Social Science or Statistical Research • The deduction is available where payment is made to- • a research association engaged in social science research; • a research association engaged in sta....

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....ication under the Board's risk management strategy. • Obtained a certificate specifying the amount of donation in Form No. 16 by the donee. [ Rule 31(1) ] Prohibition of Double Deduction [ Section 135(5) ] • Where a deduction for any tax year has been • claimed and • allowed • in respect of any payment of the nature referred to in this section, • no deduction in respect of such payment shall be allowed under any other provision of this Act in any tax year. Under Section 80GGA of the Income Tax Act, 1961 [ Upto 31.03.2026 ] • This deduction is for donations made for Scientific Research or Rural Development. The whole amoun....

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....ssessees u/s 35CCA). In this case, the assessee should furnish a certificate as is required u/s 35CCA. iv. To a public sector company or a local authority, or to an association or institution approved by the National Committee, for carrying out any eligible project or scheme. (Business assessees were allowed this deduction u/s 35AC). In this case as well, the assessee should furnish a certificate as is required u/s 35AC. v. To a notified Rural Development Fund. vi. To notified National Poverty Eradication Fund NOTE:- • Adjusted Total Income: Adjusted Gross Total Income is the gross total income (sum of income under all heads) reduced by the aggregate of the following: • Amount deductib....