Asked in Financial services regulation
Can't understand ur query, if the assessee itself a founder/member in that organization can his contribution eligible for his own IT return? is that ur query?
Dear Sir, You may please consult chartered accountant.
Any sum paid to a research association which undertakes scientific research, or a sum paid to a college, university or any other institution to be used for scientific research that is all approved by the prescribed authority under section*Phone*ii) Sum paid to a research association which undertakes research in social science or statistical research, or sum paid to a college, university or any other institution to be used for the same purpose, and these must all be approved by the prescribed authority under section*Phone*iii) Sum paid to an approved association or institution which undertakes any program of rural development and is approved under section 35CCA Sum paid to an approved association or institution which undertakes training of person(s) for implementing programs of rural development Sum paid to a public sector company, local authority or an approved association or institution which carries out projects or schemes approved under section 35AC. Sum paid to notified Rural Development Fund Sum paid to notified Fund for Afforestation Sum paid to notified National Poverty Eradication Fund If a deduction has been allowed under section 80GGA, such expenses shall not be deductible under any other provision of the income tax act.
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