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Computation of total income and tax payable

Direct Taxation

In this chapter question no 8, how is deduction w.r.t. contribution towards the approved institution limited to 50 % , won't we get 100% It is not provided in the category 4 .


Swathi Krishna

Swathi Krishna

CA Final

8K+

23-Oct-20 10:10

321

Answers (3)

Question?


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

23-Oct-20 10:15

This one

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20201023_101708.jpg

Thread Starter

Swathi Krishna

Swathi Krishna

CA Final

8K+

23-Oct-20 10:17

Thread Starter

Swathi Krishna

This one

Approved institution does not mean 100%. 100% is for specific institutions mentioned in the act.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

23-Oct-20 10:41

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