Sir, We paid Rs. 100000/- in PM Care Fund on dated 30.03.2020. Can we claim deduction under section 80G in FY 2019-20.
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Quick Summary
This discussion clarifies whether donations made to the PM CARES Fund are eligible for deduction under Section 80G of the Income Tax Act. The consensus is that contributions to the PM CARES Fund do qualify for a 100% deduction under Section 80G. Therefore, a donation of Rs. 100,000 made on 30.03.2020 can be claimed for deduction in FY 2019-20.