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80G deduction for cash payment
What is the limit for cash payment for donations under 80g,If it is â?¹2000/transaction , can we give â?¹1900 many times.
Answers (4)
Divya tejasri
CA Foundation
★ 8K+
14-Feb-20 09:04
If it is 2000/-per donation in the sense that , every day they pay for donation ,means it will encourages the cash payment only na rather than encouraging online payment
Anonymous donations are taxed in the hands of the charitable trust. And it becomes difficult to donate a large sum after the reduction in limit. Maximum in a year one can donate 7,30,000 to one institution.