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dayanand d

dayanand d

CA Inter

1K+

23-Jan-20 15:27

52

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)

Suraj Lakhotia

Suraj Lakhotia

Admin

26-Jan-20 14:57

Its per donation. Not aggregate.

Divya tejasri

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

Suraj Lakhotia

Suraj Lakhotia

Admin

14-Feb-20 12:36

Divya tejasri

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.

Divya tejasri

Divya tejasri

CA Foundation

8K+

14-Feb-20 16:10

Tq sir