Donation of Rs. 3200 through Give India for PLEDGE FOR A FRIEND. How much should i write in 80G column of excel utility for ITR-1?
Donation of Rs. 3200 through Give India for PLEDGE FOR A FRIEND. How much should i write in 80G column of excel utility for ITR-1?
In this case, 50% of the donation made can be deducted from taxable income as per section 80-G. As you donated 3200, you may deduct 1600 from your income.
Also there is a further rule that if this amount is more than 10% of your gross total income, then only maximum 10% of gross total income will be allowed for deduction.
Hello Pankaj,
Thanks for your reply.
Now my problem is i have already filed my IT return for AY 2011-2012 on 19/07/2012 Hence, Now i want to upload revised XML file of excel utility for ITR-1 by correcting the amount to Rs. 1600 in 80G column.
But it is giving error and asking me to go for original return from AY 2011-2012 onwards.
please help.
You will have to file return with type as 'revised' and choosing section 139(5). You will have to mention date and ack number of original filing.