Donation paid in cash more than rs. 10000
Querist : Anonymous
Querist : Anonymous
i can not avail benefit of 80 G but whether it can be added in business income while computing income tax .
In other cases for claiming the deduction, the donor is also required to furnish a proof of
payment. A stamped receipt is issued by the recipient trust in this regard, details of which
should be mentioned by the taxpayer while filing his Income Tax Return.
The receipt should necessarily mention the following details
1. The name and address of the trust
2. The name of the donor
3. The amount donated (mentioned in words and figures)
4. The registration number of the trust, as given by the income tax department u/s 80G
along with its validity
Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
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