Donation under section80g of it act
This query is : Resolved
21 March 2019
Is there any rule that Normal Registered Trust cannot accept donation of Cash Above Rs 2000/-. because my interpretation is a Registered Trust can accept the Cash above 2000/- and Quote the PAN of the Payee and the persons Identity and Clearly quote on the Receipt that this DONATION being cash above Rs 2000/ not eligible for claiming 80G benefit. Please correct me if I am wrong.
KAVIRAJA ADDANGADI
(Expert)
21 March 2019
The rule apply to all question of Registered or unregistered not arise
22 March 2019
Please advise whether my advise is appropriate or inappropriate
27 September 2021
Yes, its correct. The cap is over donor for claiming exemption u/s. 80G
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