Reg : 80g validiy

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

27 January 2014 is it possible to get the revised 80G certificate from the Income Tax authorities saying the trust is valid for lifetime until it is specifically withdrawn.

why because the donor making donation ask for the 80G certificate with lifetime validity.

@VaibhavJ

@VaibhavJ (Expert)
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27 January 2014 Hi

No, it is not possible. However what is use of giving life time exemption proof to donor?

Even in income tax benefit is available for a particular FY.

Thx

Querist : Anonymous

Querist : Anonymous (Querist)

28 January 2014 Dear sir,

Thanks for the reply,

before giving the donation the donor will ask for the validity of the trust, then only they will make donation no sir.

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Nikhil Kaushik

Nikhil Kaushik (Expert)
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28 January 2014 Dear querist,

please note that 80G certificate is issued year-wise only as it is valid only for the year in which the donation was made. There is no concept of life-time validity.

@VaibhavJ

@VaibhavJ (Expert)
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28 January 2014 Dear Author,

There is no link between 80G certi. validity & longevity of trust life.

Thx

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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28 January 2014 Nikhil Ji

Certificate has life time validity by virtue of the omission of the proviso to section 80G(5)(vi) w.e.f 1.10.2009 meaning thereby existing approvals expiring on or after the said date shall be deemed to have been extended in perpetuity unless specifically withdrawn.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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28 January 2014 Warrier Ji. Yes sir. However, I was answering in respect of the certificate issued to the donor in respect for his donation which is year wise only. I agree that the querist was asking in relation to 80G certificate issued by the ITO, I answered with respect to documents to be shared with the donors....

Querist : Anonymous

Querist : Anonymous (Querist)

28 January 2014 Dear sir,

firstly thanks for everyone, for responding to my query

sir rather 80G Certificate, how can we Assure to donor who is making donation , that you will definitely get Exemption U/s 80G.

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