Tds u/s 194IB ..

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H Thakar (Querist)
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15 March 2023 i am transferring every month a sum above Rs 50,000/- to dharmshala which has provisional approval of exemption u/s 80G (5) of Income tax act.

The above sum is paid as accommodation charges of staff members every month. And the same is shown as "BHET" (i.e. Donation) in the receipt.

I also claim deduction u/s 80G.

I just want to know whether i should deduct TDS u/s 194IB @ 5% (Being Individual)

Please advice

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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15 March 2023 If the payment to dharmshala is BHET, and also if you are claiming the amount as donation; no need to deduct TDS u/s. 194IB of IT act.

H Thakar

H Thakar (Querist)
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15 March 2023 Thanks a lot for prompt response
Yes. As it is mentioned in receipt regard provisional approval, i am claiming the same while filing the returns.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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15 March 2023 Donations to such trusts are not subject to TDS...

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