TMI BlogAmendment of section 80GX X X X Extracts X X X X X X X X Extracts X X X X ..... il, 2014. - Clause 14 of the Bill seeks to amend section 80G of the Income-tax Act relating to deductions in respect of donations to certain funds, charitable institutions, etc. Under the existing provisions, an assessee is allowed a deduction from his total income in respect of donations made by him to certain funds and institutions. The deduction is allowed at the rate of fifty per cent. of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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