Donation made to Political Party – AO was justified in ...
Deduction for Political Donations Limited to 5% of Average Profit Over Last Three Years u/s 80GGB.
October 4, 2014
Case Laws Income Tax AT
Donation made to Political Party – AO was justified in restricting the admissible deduction u/s.80GGB to the extent of 5% of the average profit of the assessee for the three immediately preceding three years - AT
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