Is form 10BD (Return of Donations) enabled? This relates to NGOs. This is starting from this year. The time limit is up to May 31.Please let me know.
Hari Shankar dasgupta (Accounts Manager) (39 Points)
24 April 2022Is form 10BD (Return of Donations) enabled? This relates to NGOs. This is starting from this year. The time limit is up to May 31.Please let me know.
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 25 April 2022
Form 10BD shall be filed for every financial year beginning from F.Y. 2021-22. Form 10BD is to be filed only once on an annual basis. As per Rule 18AB (9), Form 10BD shall be furnished on or before the 31st of May immediately following the financial year in which the donation is received.
Hari Shankar dasgupta
(Accounts Manager)
(39 Points)
Replied 25 April 2022
Correct. My question is Form 10BD available on the Income Tax portal for filing? I have not been able to locate it so far.
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 26 April 2022
Form 10BD is a statement of donations containing the details of donations which was received by the Charitable Organizations during the financial year. The form will be filed by the recipient organizations electronically and is required to be filed once a year.
PARAS CHHAJED
(CA Practice )
(1025 Points)
Replied 27 April 2022
The form is available and live now on ITD portal. You have to upload a CSV file in the template to be downloaded from the ITD efiling site. Instructions for filing also available on the ITD efiling site.
Hari Shankar dasgupta
(Accounts Manager)
(39 Points)
Replied 27 April 2022
Thanks. Where can i get the template in the ITD efiling site? I could not locate it.
PARAS CHHAJED
(CA Practice )
(1025 Points)
Replied 27 April 2022
After loging in to the ITE efiling site go to e-file -> income tax forms - > file income tax forms -> Persons not dependent on any Source of Income(Source of Income not relevant) -> select Form 10BD -> Details of the donors and donations -> Part B Download Template.
The template is attached herewith.
PARAS CHHAJED
(CA Practice )
(1025 Points)
Replied 27 April 2022
Instructions for filing Form 10BD also attached .
Hari Shankar dasgupta
(Accounts Manager)
(39 Points)
Replied 28 April 2022
Thank you so much. Can locate the Form BD10 now.
What are Unique Registration number and date of issue of URN? Do they relate to my NGO's 80G registration number and it's date of issuance? If that be the case, it seems I will have to repeat it for every line item of donors.
Please throw some light on this one.
Tamil Selvan.R.M
(Senior Manager Accounts)
(22 Points)
Replied 14 May 2022
Unique Registration available in Form 10AC in IT Portal.
CA. Nirmal Ghorawat
(Owner)
(623 Points)
Replied 12 June 2023
We have developed a Tally Customisation for Trusts / NGOs.
It prepares Donation Receipt / Details of Donors & Donation in Form 10BD for Income Tax Compliances.
You can view Demo / Walkthrough Video @ https://youtu.be/jRETu-pFY08 .
You can also visit my blog post @ https://canirmalg.com/2023/03/24/generate-donation-receipt-and-form-10bd-tally-customisation-with-tdl/