80g exemption - 1 views

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  #1 suraj kumar on 02 Aug 13

   

  Any interest, salary, bonus, commission or remuneration by whatever name called, paid to any member in respect of the previous year shall be deducted from the total income of the association or body and the balance ascertained and apportioned among the members in the proportions in which they are entitled to share in the income of the association or body.
  The amount apportioned to a member under 80g is a profit, any interest, salary, bonus, commission or remuneration aforesaid paid to the member by the association or body in respect of the previous year shall be added to that amount, and the result shall be treated as the member's share in the income of the association or body.
  http://fb-surajkumar100006127361279.newsvine.com/

   

  <div class="cArrow"> </div><div class="cContentInner">Any interest, salary, bonus, commission or remuneration by whatever name called, paid to any member in respect of the previous year shall be deducted from the total income of the association or body and the balance ascertained and apportioned among the members in the proportions in which they are entitled to share in the income of the association or body. <br /> The amount apportioned to a member under<b> 80g</b> is a profit, any interest, salary, bonus, commission or remuneration aforesaid paid to the member by the association or body in respect of the previous year shall be added to that amount, and the result shall be treated as the member's share in the income of the association or body. <br /> <a href="http://fb-surajkumar100006127361279.newsvine.com/" rel="nofollow" target="_blank">http://fb-surajkumar100006127361279.newsvine.com/</a></div>

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