If I claim the standard deduction, can I deduct charitable donations?
If I claim the standard deduction, can I deduct charitable donations?
Yes U can claim deduction of Charitable donations only iff the entity to whom Donation is paid , is registered u/s 80G
by the jurisdictional Income Tax Commissioner .
Regards
CA Raman Seth Chandigarh -Ph 9888388388
Please clarify what is co-relation b/w standard deduction & donation eligibility for deduction?????
Certainly there was no Co relation between standard ded and donation. Moreover the concept of std. ded. is no more now.