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
ãã®èšäºã¯ Business Standard ã® May 11, 2024 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã8,500 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ Business Standard ã® May 11, 2024 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã8,500 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
Google Block On Reviews Draws Israeli, Palestinian Business Ire
Ashraf Creish, the owner of the West Bank restaurant Zest, knew the Israel-Hamas war was going to be hard on business.
Manufacturing PMI At 3-Mth Low On Poll Disruption, Heatwave
Intensive heatwave hampered production volumes
Nifty Bank Races Past 50k In Post-Election Euphoria
The Nifty Bank index, a gauge for the performance of leading banking stocks, crossed the 50,000 mark for the first time on Monday as the index rallied over 4 per cent in the exit-poll driven rally.
Nvidia, AMD Chiefs Square Off In A Fight To Take Control Of AI
Nvidia Corp. and Advanced Micro Devices (AMD)'s chiefs showcased new generations of the chips powering the global boom in AI development, deepening a rivalry that may decide the direction of artificial intelligence design and adoption.
Some Clarity Emerging On GenAI, Says Nilekani
The generative artificial intelligence (GenAI) revolution is in its second year now and some clarity is beginning to emerge from the noise and babble of the last 18 months, Infosys Chairman Nandan Nilekani said.
Toyota Apologises As Japan's Auto Safety Scandal Widens
Honda, Suzuki, Yamaha also in the crosshairs
Modi 3.0? Street celebrates on result eve
Sensex, Nifty jump over 3% each; investor wealth surges â¹14 trn; FPIs pump in â¹6.9K cr
Kerala lab develops Nipah-like particle
This non-infectious particle will help in vaccine production; second-stage test to be conducted on mice
Over 30% employees experience age-related discrimination at work
Overall 31 per cent of employees in India have experienced agerelated discriminations across sectors with the highest prevalence reported in multinational companies, a study said on Monday.
Remove claim of '100% fruit juice' from labels, ads: FSSAI directs FBOs
The Food Safety and Standards Authority of India (FSSAI) on Monday directed all food business operators (FBOs) to remove any claim of '100 per cent fruit juices' from the labels and advertisements of reconstituted fruit juices with immediate effect.