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1990 (9) TMI 4 - SC - Income Tax
Donations in Kind to Charitable Institution - benefit of section 80G of the Income-tax Act, 1961, in respect of the donations - After the insertion of the Explanation 5, there cannot be any doubt that, for purposes of claiming deduction, only cash amounts which may have been donated would be taken into account. No doubt this provision is not retrospective in nature; none the less it indicates the legislative intent behind section 80G(2)(a) even prior to its amendment.