Ensure donations claimed in tax returns match Form 10BE figures

Retain Form 10BE and related documents for at least 4 years to validate Section 80G claims

BINDISHA SARANG

If you have donated to eligible trusts and institutions qualifying for tax benefits under Section 80G, you must obtain Form 10BE from them.

Previously, donors only needed to provide a receipt from the recipient organisation as proof. From 2022-23 (FY23), the donor must provide Form 10BE which should be obtained from the donee organisation before May 31.

The background

Section 80G was amended to mandate approved organisations to submit Form 10BD to the Income-Tax (I-T) Department. "To streamline the process of verification of donations received by charitable organisations approved under Section 80G of the I-T Act with the deduction for donations claimed by donors in their respective income-tax returns (ITRS), Section 80G of the I-T Act, 1961, was amended in 2020 to mitigate the risk of bogus donation claims by taxpayers," says SR Patnaik, partner, Cyril Amarchand Mangaldas.

Section 80G certified