ITR
Donations under 80G and the cash limit
Updated . Every paid answer is checked by a CA. Free AI answers are labelled until a CA verifies them.
Facts
Donations to approved institutions are deductible under 80G at 50% or 100% depending on the institution, under the old regime. Cash donations above ₹2,000 are not allowed, and the donation should appear in the institution's Form 10BE certificate.
Provisions and law
- Sec 80G, Income-tax Act 1961 (now Sec 133)Deduction for donations to approved funds and institutions, subject to limits and conditions.
Analysis
A ₹10,000 UPI donation to an approved NGO at 50% gives a deduction of ₹5,000. Check that the donee files its statement so the donation reflects. Donations to political parties are under a different section. Ask for Form 10BE.
Conclusion
- Confirm the institution is 80G approved.
- Pay by non-cash mode for amounts above ₹2,000.
- Get Form 10BE from the institution.
- Claim the eligible percentage.
- Choose the old regime.
A Savvy can do this for you
Tax planning
₹999
Get this doneAsk a Savvy on WhatsAppGeneral guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.