Taxability of charitable trusts

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Anonymous (Querist)
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10 March 2019 Sir/ Ma'am,
Is there any limit for accepting cash donations for a charitable trust?
Is there any criteria for accepting donations with PAN of donor & without PAN?
Is there any specific section quoted for the same?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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11 March 2019 2,000 is the limit for accepting cash donations.
PAN number required for donations in excess of 10,000.

Anonymous

Anonymous (Querist)
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11 March 2019 Sir,
The limit of 2000 is for claiming 80G dedn & not the limit for accepting cash donation.
Correct me if I'm wrong.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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13 March 2019 Yes you are right.......

Anonymous

Anonymous (Querist)
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13 March 2019 Sir,
Then is there any limit for accepting cash donations?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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13 March 2019 Cash payment limit is 2 lacs under section 269ST PAN is required for donations in excess of 10,000. No PAN case 30% tax charged.

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