Donation exemption receipt

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

26 August 2011 Dear Sir,

I have given donation to a school and have received a receipt against that amount.

The 80G registeration number is mentioned on that receipt but the validity mentioned is upto 31/03/2010.

Now when I went to change the reciept, they said that there is a new circular where in the old registered society or trust are now not required to renew their 80G certificate, and their registeration is valid for life time.

They have not changed the receipt and my auditor is disallowing that donation in tax audit for F.Y.2010-2011

Please suggest what to do, and if any such circular please provide me.

Thanks in advance

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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26 August 2011 There was a proviso in section 80G(5)(vi) by which there was a restriction for the period of approval.
This proviso has been omitted by the Finance (no.2) Act,2009 w.e.f 1/10/2009 meaning thereby the approval need not be renewed.
There is no notification / circular for this because there is no need of the same, since the change is enacted through the income tax act itself as explained above.

Querist : Anonymous

Querist : Anonymous (Querist)

26 August 2011 so sir, does that means my donation will be allowed in F.Y. 2010-11, and it cannot be disallowed.

What shall I show to auditor as a proof for this allowance

Querist : Anonymous

Querist : Anonymous (Querist)

29 August 2011 Please can any one reply on this and solve my query

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