Budget 2017 80G Donations by Cheque or Digital only

S.80G No deduction if donation in cash exceeds ten thousand rupees This Limit was Rs 10000 from 2012 to 2017

Now reduced to Rs 2000 per year.

  • Restricting cash donations to Just Rs 2000
  • You can give any amount as Donation, if you pay by Cheque or NEFT or Digital etc
  • However, if you pay by Cash, then maximum limit = Rs 2000
  • Else ? Your 80G Donation is GONE
  • With effect from ? FY 17-18.
WordPress Image Lightbox