For
the Assessment Year 2006-07
Under this section deduction is made in respect of donations to certain
funds, charitable institutions, etc. Deduction is not available for
donations given in kind.
The deduction is available only for the entity to which donations is
made is an approved charitable institution by the government. A receipt
of the institute, in evidence made, should be attached to the return of
income.
Section 80GG
Under this section a non-salaried person or a salaried person, if, not
getting house rent allowance, he/she can claim to the deduction for the
rent he pays for a residential accommodation. The deduction available is
least of the following:
- Rent paid in excess of 10 per cent of total income.
- 25 per cent of total income.
- Rs 2,000 per month.
The total income of the individual is computed after reducing the
amount deductible under other sections, receipts exempt from tax, and
long-term & short-term capital gains taxable at concessional rates.
The deduction is not available if the assessee or his spouse or minor
child owns the accommodation in which he stays or works, or carries on
his business or profession. Deduction is even not allowned, if the
assessee owns a house in any other place, and the concession in respect
of self-occupied house is claimed by him.
Section 80GGA
An individual, who is not engaged in any business or profession, is
eligible for a deduction of the amount donated to certain institutions
engaged in scientific research, rural development, etc.
Section 80GGC
It is the deduction in respect of contributions given by any person to
political parties. An individual shall be allowed to a deduction of any
amount contributed by him to a political party.
Approved Entities Under
Section 80G (Donation)
| Particulars |
Qualifying
Amount (% of Contribution) |
Whether
Restricted to 10% of Gross Total Income |
| Nationla Defence Fund |
100 |
No |
| Jawaharlal Nehru Memorial Fund |
50 |
No |
| Prime Minister's Drought Relief
Fund |
50 |
No |
| Prime Minister's National Relief
Fund |
100 |
No |
| Prime Minister's Armenia
Earthquake Relief Fund |
100 |
No |
| Africa (Public
Contributions-India) Fund |
100 |
No |
| National Children's Fund |
50 |
No |
| Indira Gandhi Memorial Trust |
50 |
No |
| Rajiv Gandhi Foundation |
50 |
No |
| National Foundation for Communal
Harmony |
100 |
No |
| Approved university/educational
institution |
100 |
No |
| Chief Minister's Earthquake
Relief Fund |
100 |
No |
| Zila Saksharta Samiti |
100 |
No |
| National Blood Transfusion
Council |
100 |
No |
| Medical Relief Funds of state
govt. |
100 |
No |
| Army Central Welfare Fund, Indian
Naval Ben. Fund, Air Force Central Welfare Fund |
100 |
No |
| National Illness Assistance Fund |
100 |
No |
| Chief Minister's or Lt.
Governor's Relief Fund |
100 |
No |
| National Sports Fund |
100 |
No |
| National Cultural Fund |
100 |
No |
| Donations to govt./ local
authority for charitable purposes (excluding family planning) |
50 |
Yes |
| Authority/ corporation having
income exempt under erstwhile section or u/s 10(26BB) |
50 |
Yes |
| Govt./ local authority/
institution/ association towards promoting family planning |
100 |
Yes |
| Donations for repair/ renovation
of notified places of worship |
50 |
No |
| Central Govt.'s Fund for
Technology Development & Application |
100 |
No |
| National Trust for Welfare of
Persons with Autism, Cerebral Palsy, Mental Retardation &
Multiple Disabilities |
100 |
No |
| Indian Olympic Association/ other
such notified association |
100 |
No |
| Any other approved fund or
institution |
50 |
Yes |
| Andhra Pradesh Chief Minister's
Cyclone Relied Fund |
100 |
No |
