Deduction u/s 80G - assessee converted loans given to Trust in ...

Loans Converted to Trust Donations Qualify for Deduction u/s 80G of Income Tax Act.

February 7, 2023

Case Laws Income Tax AT

Deduction u/s 80G - assessee converted loans given to Trust in earlier financial year as donations - donations paid by the assessee by conversion of loans into donations comes under the nature of donations paid in cash and thus, the assessee is entitled for deduction u/s.80G of the Act - AT

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Deduction u/s 80G - assessee converted loans given to Trust in ...

Loans Converted to Trust Donations Qualify for Deduction u/s 80G of Income Tax Act.

February 7, 2023

Case Laws Income Tax AT

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