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Income Tax - Highlights / Catch Notes

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Deduction u/s 80G - when to claim deduction u/s 80G? - Income ...

Income Tax

January 2, 2023

Deduction u/s 80G - when to claim deduction u/s 80G? - Income from business of manufacturing of tea - AO was of the view that first total income is to be computed and thereafter, it has to be divided in 40 : 60 ratio and then claim of deduction u/s 80G has to be made against 40% shares. - View of the AO is not correct - AT

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