May 16, 2022 Circulars & Notifications Attachment Link
80 G Issues - 34 Clarifications on Form 10BD
This issue of Standard and Norms covers expert’s opinion with regard to 34 unique and frequently asked questions relating to newly brought forms 10BD and 10BE for reporting under section 80G of the Income Tax Act.
The FAQs covers the questions and its answers with regard to following:
- Applicability of the reporting requirement
- Eligible donations to be reported and non-eligible donations
- Details required to fill the form
- Rectification of Form 10BD
- Filing of multiple Form 10BD