Tds on donation

No TDS
However company won't be allowed any Deduction of 3 lakhs and foundation has to show this as income in the form of Gift of 3 lakhs.

can anyone give some reference? Because everybody here thinks that TDS must be deducted

TDS stands for tax deducted at source. As per the Income Tax Act, any company or person making a payment is required to deduct tax at source if the payment exceeds certain threshold limits. TDS has to be deducted at the rates prescribed by the tax department.
TDS is deducted on the following types of payments:

Salaries

Interest payments by banks

Commission payments

Rent payments

Consultation fees

Professional fees