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Exemption of donations

Tax queries 149 views 2 replies

Dear sirs.

I paid  donation of Rs.70000  to a educational charitable trust by cash instead of cheque or other means by unknowingly. Now i came to know only  Rs 2000 can be taken under section 80 G for tax exception. Is there any chance to gdt excemption for the full amount. I am already in 20% tax slap.kindly suggest me.

Replies (2)
No chance becoz receipts for donations by Donee have been issued and return filed by Donee. Donor has no way out to claim 80G in view of cash donation.
Donation is allowed as deduction only if you paid it in non cash mode


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