09 July 2011
Is it made compulsory to get the PAN details when the charitable trust receives donation in excess of Rs. 2,500/- in cash? What is the maximum limit for Cash Donation Receipt without any details of donor?
10 July 2011
As per my knowledge..yes,its compulsory to get pan details of trust.you can received upto rs.20000 donation in cash without issuing receipt.
11 July 2011
I am Disagree With The Expert. 5000/- is the limit. if you wanna more than that Thresold Obtain Photocopy of PANCARD of Donor to safegaurd your IT Assessment. CA SAP Manish Agrawal (DISA, DIRM, NCFM)
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