Section 80G Donations

This section provides deduction for Certain donations made by assessee

 Important points

1. This deduction available to all assessees 
2. Donation in kind not allowed,
3. If donation is greater than 10,000 2000 it cannot be paid by cash .
4. Proper proof of payment Should be obtained

    (Receipt to be obtained from Done)

Existing (Financial Year 2016 - 2017 or AY 2017-18)

If Donation amount is more than 10000,it cant be made in Cash

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New(Financial Year 2017 - 2018 or AY 2018-19)

If Donation amount is more than 2000, it can't be made in Cash

If made in cash,then deduction not allowed

What is amount of deduction

On Certain donations,100% Deduction available

(If Rs 10000 donated,whole 10000 allowed as deduction under Section 80G)

While on others,50% Deduction Available

(If Rs 10000 donated,5000 allowed as deduction under Section 80G)

Note:-

Some of these donations (both 50% and 100%) are subject to qualifying limit

while others are without any qualifying limit 

New Deductions under 80G

100% Deduction is allowed now for donations in

• National Fund for Control of Drug Abuse,
• Swachh Bharat Kosh
• Clean Ganga Fund.

These deductions are WITHOUT QUALIFYING LIMIT

Comparison of these 3 funds