Problem: Donation 80 G (courtesy: Margam Publication)

 Problem: Donation 80 G (courtesy: Margam Publication)

Mr.Sanju has earned gross total income of Rs.8,00,000 in the previous year 2024-25 and made the following donations

1.        Rs.60,000 to Chief Minister’s Earthquake Relief Fund,Gujarat

2.        Rs.30,000 to National foundation for communal harmony

3.        Rs.38,000 to a University ( of National Eminance)

4.        Rs.41,000 to Jawaharlal Nehru Memorial Fund

5.        Rs.35,000 to Govt.of India for promotion of family planning

6.        Rs.70,000 to State Govt. for charitable trust

7.        Rs.45,000 to Municipal committee

8.        Mediclaim premium paid by cheque to GIC Rs.35,000.

Compute his total income for the assessment year 2025-26 if his income includes Rs.50,000  being long term capital gain and Rs.70,000 as his share from AOP. He has incurred Rs.5,000  for medical treatment of his handicapped brother. He has incurred Rs.70,000  for treatment of his mother for a notified disease. He has paid Rs.10,000 to LIC for pension fund.

Solution

Computation of Net Income

Gross total Income		8,00,000
Deduction u/s 80 c to 80 U 1.deduction u/s 80 CCC 2.Deduction u/s 80 D(max limit Rs.25,000) 3.Deduction u/s 80 DD 4. Deduction u/s 80 DDB 5.Deduction u/s 80 G(Working note1)	10,000 25,000 75,000 40,000 1,72,000	3,22,000
Net Income/ Taxable Income		4,78,000

  Working Note: 1

 

A.100 % Deductible: To CM Earthquake Relief Fund To National Foundations To University	60,000 30,000 38,000	1,28,000
B.50 % Deductible		NIL
C.Restricted Funds Family Planning -35,000 State govt.for Charitable Trust- 70,000 Municipal corporation – 45,000	53,000 35,000   18,000	35,000   9,000
Deduction u/s 80G		1,72,000

Actual amount paid

Family planning	35,000
State govt. for Charitable Trust	70,000
Municipal corporation	45,000
	1,50,000

10of Income Aduststed Gross total Income

10%(8,00,000-10,000-25,000-75,000-40,000-50,000-70,000)= 53,000