TMI BlogDeduction in respect of donations to certain funds, non-profit organisations, etc.X X X X Extracts X X X X X X X X Extracts X X X X ..... tually paid by him in the financial year as donation to any person specified in Part-A of the Sixteenth Schedule; (b) hundred per cent. of the amount of money actually paid by him in the financial year as donation to any person specified in Part-B of the Sixteenth Schedule; (c) fifty per cent of the aggregate of the amount of money actually paid by him in the financial year as donati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion (1), if the donee obtains the approval of the prescribed authority in accordance with the procedure and subject to such conditions, as may be prescribed. (5) The deduction under sub-section (1) shall not be denied to a donor merely on the consideration that, subsequent to the donation, the donee, being a non-profit organisation, has ceased to be so. - - statute, statutory provisions le ..... X X X X Extracts X X X X X X X X Extracts X X X X
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