Deduction in respect of certain donations for Scientific Research or Rural Development (80GGA)
An assessee whose total income does not include income from business or profession is entitled to a deduction of an amount equal to the donation made for the following purposes
- Sums paid to a research association or to a University ,College or other institution to be used for scientific research, provided such association ,University ,college or institution is approved for the purpose
- Sums paid to a research association or to a University ,College or other institution to be used for research in social science or statistical research, provided such association ,University ,college or institution is approved for the purpose
- Sums paid to a rural development fund setup and notified by central government for the purpose of section 35CCA
- Sums paid to the National Urban Poverty Eradication Fund setup and notified by the central government
- Etc..
From assessment year 2013-2014 onwards, to avail deduction u/s 80G and 80GGA any payment exceeding Rs 10,000 is to be paid by any mode other than cash.