Section 80G provides a tax deduction for donations to certain funds and charitable institutions. Deduction under section 80G is available to all who make an eligible donation. Donations made in cash or cheque are only eligible for deductions i.e., donations made in kind like in the form of food, clothing etc are not eligible. Donation may be paid either out of taxable or exempted income.

multi state cooperative society

Ensure that the fund /institution is approved by the Income tax department for deduction under this section. For check this, please ask for a photocopy of 80G eligibility certificate from the fund/institution. Always ensure that the Receipt issued by the fund /institution carries the Name and address of the trust, your name, registration number issued to the trust and the validity period of the Registration. Also make sure to tally the the amount written in words and in figures.

ngo amendment

As per clarification provided on Income Tax department website, deduction under Section 80G can be claimed through employer only in case of contribution to the institutions specified. No deduction should be allowed by the DDO from the salary income in respect of any donations made for charitable purposes. The tax relief on such donations as admissible u/s80G will have to be claimed by the taxpayer in the return of income. However, DDO, on due verification, may allow donations to the following bodies to the extent of 50% of the contribution.

If an NGO gets itself registered under section 80G then the person or the organisation making a donation to the NGOs will get a deduction of 50% from his/its taxable income. registration of ngos has to apply in Form No. 10G As per Annexure-29 to the Commissioner of Income Tax for such registration. Normally this approval is granted for 2-3 years. The Finance Act, 2009, has deleted the five year restriction under proviso to sub section (5) clause (vi).

 The contributions made to social causes, there is a huge gap between the demand of money from the needy and the amount donated by philanthropists. This probably, is the reason why the Government has given tax benefits on donations. The amount donated towards charity attracts deduction under section 80G of the Income Tax Act, 1961. Section 80G has been in the law book since financial year 1967-68 and it seems it’s here to stay.

The provisions of section 11 and section 12 shall not apply in relation to the income of any trust or institution unless the following conditions are fulfilled, namely :- (a) the person in receipt of the income has made an application for registration of the trust or institution in the prescribed form and in the prescribed manner to the Commissioner before the 1st day of July, 1973, or before the expiry of a period of one year from the date of the creation of the trust or the establishment of the institution, [Whichever is later and such trust or institution is registered und

The deduction to certain funds and charitable institutions is allowed to any taxpayer, on the qualifying amount that is limited to 10 per cent of gross total income of the assessee reduced by income deducted under any section. Also, certain donations are eligible for 100% deduction and certain donations are eligible for 50% deduction of the qualifying amount.
ngo registration

Media Lab Asia has received exemption under Section 80G of the Income Tax Act, 1961 vide order No. DIT (E)/MC/80G/2373/2008/2008-09 dated 18th March 2009 issued by the Office of the Director of Income Tax (Exemption), Under section 80G deduction is available to any tax payer (may be individual, company, firm or any other person) making donation to the company. 50% of the donation made is allowed to be deducted from the taxable income and consequently tax is calculated.

tax deduction under section 80G for donations towards social causes

Have you donated money for charity, social or philanthropic purposes, or, have made contributions towards a National Relief Fund? If yes, then you could use these donations to reduce your tax outgo. The Income Tax Act encourages charitable deeds towards the poor and needy, and offers donors tax benefits under Section 80G.

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