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donation in cash

karan (article) (33 Points)

10 September 2018

what is the cash donation limit

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JUBIN JOSE (38 Points)
Replied 10 September 2018

Maximum 2000 Rupees. If you are paying more than Rs 2000 as donation then the payment mode should be via Cheque or Electronic Bank Transfer

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Rohit Tibrewal (Student & Senior Accountant) (3193 Points)
Replied 10 September 2018

From Financial Year 2017-18 onwards:Any donations made in cash exceeding Rs 2,000 will not be allowed as deduction. Thus the donations above Rs 2,000 should be made in any mode other than cash to qualify as deduction under section 80G.

Amount of Donation: The various donations specified in section 80G are eligible for deduction up to either 100% or 50% with or without restriction as provided in section 80G.

How to claim the deduction: To be able to claim this deduction the following details have to be submitted in your Income Tax Return

Name of the Donee

PAN of the Donee

Address of the Donee

Amount of Contribution