Section 80GGA of ITA, 1961 : Section 80Gga: Deduction In Respect Of Certain Donations For Scientific Research Or Rural Development

ITA, 1961

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Explanation using Example

Imagine a software company, Tech Innovations, which is focused on developing educational technology. The company's CEO decides to contribute to the advancement of scientific research by donating to a local university's computer science department. In the financial year 2022-2023, Tech Innovations donates INR 50,000 to the university, which is approved for the purposes of section 35 of the Income-tax Act, 1961.

When Tech Innovations files its income tax return, it claims a deduction under Section 80GGA...

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