Form 10BD - Donor without identification number

Hey Abhay,

Good question! Here’s the scoop on donors without PAN in Form 10BD:

What to do if the donor doesn’t provide a PAN?

• If donation is Rs. 1 lakh or more, you must report the donor details in Form 10BD even if PAN is not available.

• In place of PAN, you can provide the name and complete address of the donor.

• The Income Tax Department expects all donations above Rs. 1 lakh to be disclosed, PAN or not.

So, you cannot neglect such donations in Form 10BD if they cross the Rs. 1 lakh threshold.

Key points:

• PAN is mandatory for donors giving Rs. 1 lakh or more.

• If PAN is unavailable, provide other identification details (name, address).

• Non-reporting may lead to disallowance of exemption or other compliance issues.

If the donation is less than Rs. 1 lakh, reporting in Form 10BD is not mandatory regardless of PAN.