Tag Archives: cash donations

Restriction on cash donations w.e.f 01.04.2017

By | February 2, 2017

Restriction on cash donations Summary : As per Finance Bill 2017  w.e.f 01.04.2017 i.e FY 2017-18 (AY 2018-19) no deduction shall be allowed under the section 80G in respect of donation of any sum exceeding two thousand rupees unless such sum is paid by any mode other than cash. Under the existing provisions of section 80G of… Read More »