Quick Summary
The Ministry of Finance has officially notified the "Shree Balakrishna Lalji Other Deities Temple" in Bhuleshwar, Mumbai, as a place of historic importance and public worship under Section 80G(2)(b) of the Income Tax Act, 1961. The notification, issued by the Central Board of Direct Taxes (CBDT), grants the temple-managed by the Mota Mandir Trust, Mumbai (PAN: AABTM9049C)-special recognition across Maharashtra and Gujarat, enabling donors to avail tax benefits for contributions made specifical
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
The Ministry of Finance has officially recognised the Balakrishna Lalji Temple as a place of historic importance, allowing donors to receive tax benefits under Section 80G for contributions towards its renovation.
The tax deduction under Section 80G is applicable only for donations made towards the renovation or repair of the temple, with a total financial cap of Rs 50 crore.
The temple is managed by the Mota Mandir Trust, Mumbai.
The notification will remain effective until the Rs 50 crore renovation fund is fully collected or until March 31, 2030, whichever occurs first.
The temple is located in the Bhuleshwar area of Mumbai.
The recognition is intended to boost fundraising efforts for the heritage conservation of the centuries-old temple and encourage greater public participation.
CAclubindia
