Gross Total Income (Salary + Interest + Rental Income + Capital Gain Etc)
Less: Deduction 80C to 80U (Except 80G)
Less: Income which is not taxable (Like share of profit from firm)
Less: Short Term Capital Gain on Shares
Less: Long Term Capital Gain
TOTAL AGTI
Maximum Donation Allowed is 10% of AGTI
| Particulars | Type Of Donation | Donation Amt. | Deduction Amt. |
|---|---|---|---|
| Donation Made To | Charitable Trust (100%) | ||
| Donation Made To | Charitable Trust (50%) | ||
| TOTAL | |||
As Per Law Max Donation Allowed 0.