80G OR 10AC


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Organisations with an 80G (10AC) certificate can accept donations, allowing donors to claim tax exemptions under section 80G. The donee (recipient) must issue a donation receipt and file their Income Tax Return (ITR) using Form ITR-7. Additionally, they need to file Form 10BD, a statement of donations, by the specified deadline.

05 April 2022 Those who have 80G (10AC) certificate can take the donation and donor will get the exemption u/s 80G. What donee has to do? Has he needs to file any return with donors details?

05 April 2022 No need to file any return with donor's details.
File ITR claim deduction under section 80G.

05 April 2022 What donee has to do? One who receive the donation?

05 April 2022 Issue receipt for donations.
File ITR.

05 April 2022 Under which ITR form?

05 April 2022 ITR 7 form...........

05 April 2022 Donee has to file Form 10BD which is a statement of donation for the financial year 2021-22 required to be filed by May 31,2022.



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