ExamVeda
Login
Home

According to Section 80G donations made to which of the following...

This question belongs to Commerce Income Tax And Corporate Tax
Income Tax and Corporate Tax
?

According to Section 80G, donations made to, which of the following are eligible for 100% deduction without any qualifying limit?
1. National Defence Fund set-up by the Central Government
2. Prime Minister's National Relief Fund
3. Prime Minister's Armenia Earthquake Relief Fund
4. Africa (Public Contributions-India) Fund
5. National Foundation for Communal Harmony
6. Prime Minister's Drought Relief Fund
7. National Children's Fund
8. Indira Gandhi Memorial Trust
Select the correct answer using the options given below

Answer & Solution
Correct Answer: Option C
Let's discuss the solution. Join the discussion
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.
Keep Learning

Related Questions on Income Tax and Corporate Tax

List out from the given statements the important ethical principles that a business should follow:
1. To take the necessary action for the development of the concerned industry or business
2. Pay taxes and discharge other obligations promptly
3. To ensure the best utilisation of the human resources
4. Refrain from secret kickbacks or pay-offs to customers, suppliers, administrators, etc.
5. Ensure payment of fair wages and fair treatment of employees
A. 3, 4 and 5 B. 2, 4 and 5 C. 1, 2 and 3 D. 1, 3 and 5
Entertainment allowance for non-government employees are:
A. Fully exempted B. Fully taxable C. Partially taxable D. Fully exempted in specified E. Partially exempted in selected areas
In tax laws, donation to approved and notified association for scientific research is allowed as:
A. 125% of the donation B. 100% of the donation C. 175% of the donation D. 150% of the donation
Statement (I): If the tax liability has been reduced within the legal framework, it is tax planning.
Statement (II): If tax liability has been reduced to get benefit of deduction available under the income tax, it is called tax evasion.
In the context of the above two statements, which one of the following is correct?
A. Both the Statements (I) and (II) are correct B. Statement (I) is correct, but (II) is incorrect C. Both Statements (I) and (II) are incorrect D. Statement (II) is correct, but (I) is incorrect
More Related Questions on Income Tax and Corporate Tax