Cash limit donations received

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Dears, How much cash donations received from public to educational institution of 12A and 80G not registered. If 80G registerd 2000 cash limit donations receiving. My query is if Trust 80G not registered what is the limit of Cash donations received from donors.

Replies (5)

It will be taxable income. Cash receipt limit Rs. 2 lakhs under sec. 269ST IT act.

To clarify, you're asking about the limit on cash donations that an educational institution can receive from the public:

Scenario 1: Institution has 12A and 80G registration - *Cash donation limit*: ₹2,000 per donor (as per Section 80G(5)(iii) of the Income-tax Act, 1961)

,Scenario 2: Institution has 12A registration but not 80G registration - *Cash donation limit*: ₹2,000 per donor (as per Section 80G(5)(iii) is not applicable, but as per Section 269SS and 269T, cash transactions exceeding ₹2,000 are prohibited)

However, it's essential to note that: 1. *Section 269SS*: Prohibits a person from taking or accepting cash exceeding ₹2,000 from any person in a single day. 2. *Section 269T*: Prohibits a person from repaying any loan or deposit exceeding ₹20,000 in cash.

To avoid any complications, it's recommended that the institution: 1. *Registers under Section 80G*: To avail the benefits of tax exemption for donors. 2. *Maintains proper records*: Of donations received, including the donor's name, address, PAN, and amount donated. 3. *Complies with income tax regulations*: Ensures compliance with all income tax regulations, including filing of income tax returns and payment of taxes, if applicable. 

Provisions of sec 269st to be applied.

Sir, My question is Can I receive cash donations up 2 lakh per person if our Trust is not registered in 80g and 12A.  I am very confusion in this cash donations limit. Pls help 

As you are not registerd under sec. 12A and Sec. 80G as well, only sec. 269ST will apply in your case, while all these donations will be taxable.

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