TMI BlogDeduction of contribution or donations to certain funds or non-profit organisations.X X X X Extracts X X X X X X X X Extracts X X X X ..... contribution or donation to any person specified in Part I of the Sixteenth Schedule; (b) one hundred and twenty-five per cent. of the amount of money paid by him in the financial year as contribution or donation to any person specified in Part II of the Sixteenth Schedule; (c) one hundred per cent. of the amount of money paid by him in the financial year as donation to any person specified in Par ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... not being the Scheduled Castes or the Scheduled Tribes. (4) The donation to any person specified in Part IV of the Sixteenth Schedule shall be eligible for deduction under sub-section (1), if the donee obtains the approval of the prescribed authority in accordance with the procedure and subject to such conditions, as may be prescribed. (5) The deduction under sub-section (1) shall not be denied t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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