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80g cash payment

siva andhavarapu (ca final) (388 Points)

25 June 2018

HAI

MR.X PAID RS.2000 DONATION TO A TRUST IN CASH IN APRIL 2017.LATER ON AGAIN HE PAID ANOTHER 2000 IN THE MONTH OF JUNE AND JULY.SO UPTO WHAT AMOUNT 80G DEDUCTION AVAILABLE?

ALSO PLS PROVIDE RESPECTIVE WORDINGS IN THE PROVISION FOR THE ANSWER

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177736 Points)
Replied 25 June 2018

As per Sub sec (5D) of Section 80G........

"No deduction shall be allowed under this section in respect of donation of any sum exceeding [two] thousand rupees unless such sum is paid by any mode other than cash." (applicable from AY 2018-19.)

Where as sub-section (5) applies to donations to any institution or fund referred to in sub-clause (iv) of clause (a) of sub-section (2), only if it is established in India for a charitable purpose and if it fulfils certain conditions.

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siva andhavarapu (ca final) (388 Points)
Replied 26 June 2018

TQ SIR.

BUT IN THE PROVISION THEY DIDNT TELL THAT IN A FY IT SHOULD NOT EXCEED 2000 CASHPAYMENT.THEY TOLD A DONATION SHOULD NOT EXCEED 2000.SO IF HE DID 3 DONATIONS OF 2000 EACH IN CASH THEN IT IS ALLOWED KNOW..IS IT CORRECT?