Trust Registered under Section 80G – Effects of Union Budget 2020 vis-à-vis new registration procedure of Section 12AB
What is section 80G of Income tax Act, 1961. Whenever any donation has been made to any trusts/institution registered under section 80G then such donation can be claimed as deduction by the assessee. For claiming such donation as deduction there are some conditions such as Donation exceeding in cash exceeding Rs 2,000 will not be…