Cut off date for claiming donation for FY 19-20

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new donation made in covid 19 cut off date for claiming deduction under section 80g. I mean that is 31st March or 30th June according to the latest extended dates?
Replies (9)
If made up to 31st March - Deduction can be claimed in A.Y. 2020-21
After 31st March - Eligible for claiming deduction in A.Y. 2021-22
But as per the latest notification relating to extention of dates 31march to 30 June is applicable to it or not?
No... it's not applicable to donations. Bcoz, it's not have due date...

The above said extended due date applicable to which is falling the due dates is on or before 31st March 20. ..
@ Raja PM

I have a doubt over extension of due date. The notification says "where the time limit expiring between 20th Mar to 29th June shall be extended to 30th June".

What is the implication of that because due date falling in April, May and till 29 june is also extended.
Will you please clarify the above ???
Wait on Dear Mr Karan Singh.,

I'll give reply based on my knowledge and understanding the issue...

it's not better through app...
🙏🙏🙏

As per the langauge of the press release it is said "investment in saving instruments". 

So I  believe donation under 80G will also get covered under extension period. So donation made upto 30-06-2020 can be claime das deduction in FY 19-20. 

As per my which is not fall in due (on or before 31st Mar-20) then it's not claimable in AY 20-21 which is paid on or before 30th Jun-2020...

Give Any suitable view then I will understand and change my opinion...

Kindly read this

 

 Due dates for  issue  of notice, intimation, notification, approval order, sanction order, filing of appeal, furnishing of return, statements, applications, reports, any other documents and time limit for completion of proceedings by the authority AND any compliance by the taxpayer including investment in saving instruments or investments for roll over benefit of capital gains   under Income Tax Act,  Wealth Tax Act, Prohibition of Benami Property Transaction Act, Black Money Act,  STT law, CTT Law, Equalization Levy law, Vivad Se Vishwas  law  where the time limit is expiring between 20th March 2020  to 29th June 2020 shall be extended to 30th June 2020.  

 

I interpret that Due date is for issue of notice etc only. 

Then it is  said  "AND any compliance by the taxpayer including investment in saving instruments " 

So I beleive there is no due date applicable for investment in saving instrument. 

If we go by your analysis, we even cannot invest in PPF after 31st March as there is no due date for investment in PPF, 

We hould wait till exact notification is issued for clarification 

 

Dear Mr CA PARTH SHAH Sir.,


I understand Your view...
Bit,
Please read the starting word of
"Due dates for..... " &/ "time limit...." &/ as per Your highlighted point "any compliance by the taxpayer including investment in saving instruments" (please) with the starting word...

So, we can avail which is fall the due dates and avail the benefit of extending date only...


And finally.,

We will wait to further updates / notifications / clarifications by dept...

Correct me if any wrong in above replies...


CCI Pro

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