Form 10BD required to be filed by Charitable Institutions: An Overview


Form 10BD Required to be filed by Charitable Institutions: An Overview


1). On 26th March, 2021 CBDT, through a notification, has notified (vide notification no 19/2021-Income Tax) that a Statement of Donation shall have to be filed with Income Tax Department, declaring the details of donations received during the year via Form 10BD.


2). All the entities (charitable institutions) having approval u/s 80G and u/s 35(1) of the Income Tax Act are required to file Form 10BD.


3). A Certificate shall have to be issued via Form 10BE, to all such donors specified in Form 10BD.


4). Following particulars are required to be filled up in the Form 10BD:

  1. Name of the Donor
  2. ID Document & its Unique Number such as PAN, Aadhar or Tax Identification Number of the donor

iii. Name and Address of the donor

  1. Type of Donation received
  2. Mode of receipt of the donation
  3. Amount of donation

vii Unique Registration Number (URN) of the entity and the Date of Issue of such URN


5). Once Form 10BD is successfully filed, Form 10BE is generated under filed forms. Form 10BE has to be furnished to all the donors listed in Form No. 10BD.


The copy of the notification is as under :


Itax Rules 15th Amendment 10052022