rebate in donation to a religious trust
ajay kanyal
(Querist) 22 January 2019
This query is : Resolved
Dear sir , what percentage of donation can be diducted from a donation to a religious trust from salaried income .
Thanks
kavksatyanarayana
(Expert) 22 January 2019
If that trust is registered with the clause of "exemption of Income Tax" under Sec.88(g), then only exemption will be allowed to the donor for the amount donated.