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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)
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
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.