Whether deduction can be availed under section 80G?

Tax queries 184 views 3 replies

I have a query regarding donation to a section 8 company, wherein the donor company (Pvt Ltd Co. & a LLP) has the same board of directors and shareholders as to a Donee Company (Section 8 company). Whether the donor company & LLP can avail deduction under section 80G?

Replies (3)
Are you Obtained Certificate from Donee ?

To claim a deduction under Section 80G, obtaining the donation certificate (Form 10 BE)  from the charitable institution or NGO to which the donation has been made is mandatory. It is important to ensure that the donee institution furnishes the statement of donation in Form 10BD and issues the certificate of donation in Form 10BE generated from the e-filing portal in a timely manner to avoid any fees or penalties.

 

In your case which Institute gets Form 10BE can claim deduction under 80G
 

 

Deduction can be availed of 80g services.


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