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Commerce · Q323

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 323

Q323

Donation to National Children's Fund will come in which of the following deduction under Section 80G of Income Tax Act, 1961?

A.
100% deduction without any qualifying limit
Answer
B.
50% deduction without any qualifying limit
C.
100% deduction subject to qualifying limit
D.
50% deduction subject to qualifying limit

Answer: Option A

Solution

Answer: Option A
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