Donation limit to a Temple in the shape of Cash
This query is : Resolved
22 April 2025
one of the trust is being constructing a temple at Ramagundam, for which they are in need of money to build construct said temple,
(1) can they accept cash
(2) what is the procedure of providing exemption certificate to donors for the donations given
(1) can they accept cash
(2) what is the procedure of providing exemption certificate to donors for the donations given
22 April 2025
Cash donations ≤ ₹2,000 can be accepted for 80G claim.
Donations > ₹2,000 must be via cheque/bank transfer for 80G deduction.
80G approval is mandatory for donors to claim tax benefits.
For non 80G registered trust:
If cash donations are not anonymous and below ₹2 lakh per transaction, the trust can accept them. However, anonymous donations exceeding ₹50,000 may attract 30% tax.
Donations > ₹2,000 must be via cheque/bank transfer for 80G deduction.
80G approval is mandatory for donors to claim tax benefits.
For non 80G registered trust:
If cash donations are not anonymous and below ₹2 lakh per transaction, the trust can accept them. However, anonymous donations exceeding ₹50,000 may attract 30% tax.
28 September 2025
Good luck.....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- Form 121 & TDS deduction
- GST Treatment of Insurance Commission for Existing GST Holder
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Invoice V/S Goods receipt Note Date
- Multiple trade mark
- Regarding appeal to GSTAT
- Transporter Declaration form
- LC charges in relation to Asset purchased should be Capitalised ?
- ITR U for F.Y-2024-2025 From Yesterday
- Inter corporate deposits
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
