U/s 12 AA
This query is : Resolved
19 May 2009
What is the ceiling limit for a trust or organization registered U/s.12 AA of Income tax act 1961, to obtain PAN number from donors? Pls clarify.
What is the ceiling limit for a trust or organization registered U/s.12 AA of Income tax act 1961, to obtain PAN number from donors? Pls clarify.
CA Tilak Raj Sharma
(Expert)
19 May 2009
Rs. 10,000.00.
20 May 2009
Tks. I have one more doubt. the above limit is greater than Rs.10000/- or greater than equal to Rs.10000/-
02 August 2025
Regarding the **ceiling limit under Section 12AA for PAN collection from donors**:
* The **limit is Rs. 10,000**, meaning that if a donation is **equal to or exceeds Rs. 10,000**, then the trust or organization should obtain the PAN details of the donor.
So, it’s **≥ Rs. 10,000** (greater than or equal to 10,000), not strictly greater than 10,000.
---
**Summary:**
* Donations **of Rs. 10,000 or more** — PAN of donor must be obtained.
* Donations **below Rs. 10,000** — No mandatory requirement to collect PAN.
---
This is consistent with the reporting and documentation requirements for trusts and entities registered under Section 12AA of the Income Tax Act, especially for audit and exemption purposes.
* The **limit is Rs. 10,000**, meaning that if a donation is **equal to or exceeds Rs. 10,000**, then the trust or organization should obtain the PAN details of the donor.
So, it’s **≥ Rs. 10,000** (greater than or equal to 10,000), not strictly greater than 10,000.
---
**Summary:**
* Donations **of Rs. 10,000 or more** — PAN of donor must be obtained.
* Donations **below Rs. 10,000** — No mandatory requirement to collect PAN.
---
This is consistent with the reporting and documentation requirements for trusts and entities registered under Section 12AA of the Income Tax Act, especially for audit and exemption purposes.
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