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TXDonations

SSharfin11y ago
What is the treatment of donations in calculating tax liabilty and tax adjusted trading profits that were NOT MADE under gift relief....?
PPooja11y ago#1
No adjustment in income tax computation. No relief available for such charity or donation. Charity or donation to local charity which is small is a allowable deduction while calculating tax adjusted trading profit.. Tc
SSharfin11y ago#2
THANK YOU POOJA :)
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