Festive Savings Are Here. Get 10% OFF on All CCI Pro Plans. Subscribe Now!

Can a donor know - the TRUST has filed form 10BD confirming the donation recd.

1153 views

Save Share

Join Us Follow Us Add as Source

bujjulu

e-TDS + IT return filer Hyderabad

333 Points Posted on 22 July 2023

an assessee donated 10 lakhs to a TRUST.

had the trust filed form 10BD this would have reflected in 26AS .

not reflecting in 26AS. ( ignore )

Atleast, has the trust reported the same through form 10BD.

If not, id the assessee claims exemption of 50 % donation from income against this donation made, WILL THERE BE ANY PROBLEM ?

Replies (2)

Quick Summary

This discussion clarifies whether a donor can confirm if a TRUST has filed Form 10BD for a donation received. While filing Form 10BD is crucial for the TRUST, it doesn't automatically reflect in the donor's 26AS or AIS. The donor should ideally obtain Form 10BE from the TRUST to claim the Section 80G deduction. However, as the ARN is not yet mandatory, claiming the deduction might be possible even without Form 10BE, though it's best practice to obtain it.

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

121537 Points Posted on 22 July 2023

Once Form 10BD is successfully filed, Form 10BE is generated under filed forms. These certificates can be downloaded in PDF format and the same has to be furnished to all the donors who are listed in Form 10BD.

These certificates provide the details of Donation made by the donors to the entity which can be claimed as deduction by them u/s 80G while filing their income tax return.

Manas Phadke

Senior Consultant

76 Points Posted on 24 July 2023

Donations eligible under sec 80G will not appear either in 26AS (only TDS or TCS) nor in AIS/ TIS even though the donee has filed Form 10BD. Ideally the donor should ask the donee to provide form 10BE for claiming deduction u/s 80G. However, since the ARN field in the relevant schedule for claiming deduction u/s 80G is still not mandatory, the assessee can go ahead and claim the deduction even though he hasn't received Form 10BE from the donee.