IndigoLearn

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.


dayanand d

dayanand d

CA Foundation

2K+

23-Jan-20 15:27

52

Answers (4)

Its per donation. Not aggregate.


Suraj Lakhotia

Suraj Lakhotia

Admin

26-Jan-20 14:57

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


Divya tejasri

Divya tejasri

CA Inter

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


Divya tejasri

Divya tejasri

CA Inter

8K+

14-Feb-20 09:04

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.


Suraj Lakhotia

Suraj Lakhotia

Admin

14-Feb-20 12:36

Tq sir


Divya tejasri

Divya tejasri

CA Inter

8K+

14-Feb-20 16:10