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Can I give 80G receipt for unsecured Loan

This query is : Resolved 

16 April 2024 Namaste,
We represent an educational and charitable trust duly registered under sections 80G and 12A of the relevant statutes. Recently, an individual extended to us an unsecured loan, characterized by its interest-free nature and with a repayment timeline of 24 months. I seek clarification regarding the permissibility of issuing an 80G receipt to the lender in acknowledgment of the loan extended.

16 April 2024 what clarification you need here. Its a loan. Not a donation.



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