Charitable Trust: Don’t forget to file the list of Donor in Form No. 10BD

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Charitable Trust: Don’t forget to file the list of Donor in Form No.10BD

 
Now, the charitable trust having Section 80G registration will be required to file the list of the Donor. This is required to be filed in Form No. 10BD. This has to be filed in electronic mode. The due date of filing Form No. 10BD is 15th May 2022. It may be noted that the donee will not be able to get the deduction u/s 80G unless and until the charitable trust file the statement of Donor.
Following details to be filled up in Form No. 10BD is as under:
1. Name of donor.
2. Address of donor.
3. Nature of donation.
4. Mode of receipt.
5. Amount of the donation.
6. Section code under which donation was received.
7. PAN no. /Aadhar no./Tax Identification no. of the donor.
After uploading Form 10BD, Form 10BE is required to be to be download and this Certificate of Donation is to be issued to Donor before 31st May of every year. Form No. 10BE contains the following details:
1) Name of Charitable Organization.
2) PAN
3) Aadhar
4) Approval number u/s 80G
It may be noted there is a hefty penalty for not filling the form by 31st May. The penalty is in the form of late fee of Rs 200 per day for Delay in uploading Form No. 10BD.
Additionally, the Assessing Officer may also impose a penalty of minimum RS 10000 to Maximum Rs 1 Lakh.
It may further be noted that multiple form 10BD may be filed by the same reporting person, as per the procedures laid down by the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems), as the case may be.
 The address and contact details of the reporting person filing the statement, as per the latest Income Tax Return filed by the reporting person, will be displayed on the screen and if there is a change, the reporting person will be provided an option to change the details.
In section code, the section under which donor is allowed to claim deduction for the donation needs to be filled out of the following options: a) Section 80G b) Section 35(1)(iia) c) Section 35(1)(ii) d) Section 35(1)(iii)
In “Unique identification number of the donor”, one of the following shall be filled:
  1. If PAN or  Aadhaar number is available, one of that should be mandatorily filled and the following ID code shall be filled: Type of Identification Code PAN -1,  Aadhaar Number -2
  2. If neither PAN or Aadhaar is available, one of the following should be filled: Type of Identification Code Taxpayer Identification Number of the country where the person resides;
     3 -Passport number; 4 -Elector’s photo identity number, 5- Driving License number 6 Ration card number
In “Donation type”, one of the following needs to be selected: a) Corpus b) Specific grant c) Others
In “Mode of receipt”, one of the following needs to be selected: a) Cash b) Kind c) Electronic modes including account payee cheque/draft d) Others
In case of a donor which has given donations, which are eligible under different sections or which are of different types or in different modes, separate rows should be filled for each such combination.
The copy of the Form No. 10BD is as under:
1[FORM No. 10BD 
( See rule 18AB)  
[e-Form]  
Statement of particulars to be filed by reporting person under clause (viii) of sub-section (5) of section 80G and clause (i) to  sub-section (1A) of section 35 of the Income-tax Act, 1961  
Part A  
Details of the reporting person reporting the donations
PAN 
A A J D E 1 2 3 4 F
Reporting period 
Y Y Y Y – Y Y
Part B  
Details of the donors and donations  
Sl.  
No.
Unique Identification  Number of the donor
ID code 
Section code 
Name of  
donor
Address of  donor
Donation  
Type
Mode of  
receipt
Amount of  
donation  
(Indian  
rupees)
I _,son/daughter of ,hereby declare that the details given in the form are true and correct to the  best of my knowledge and belief. 
I undertake to communicate forth with any alteration in the particulars submitted,made at any time hereafter.I further declare that I am  filing this form in my capacity as ________(designation)having Permanent Account Number (PAN)____________and that I am competent  to file this form and verify it. 
 Signature 
Instructions to fill the form:  
  1. Multiple form 10BD may be filed by the same reporting person, as per the procedures laid down by the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems), as the case may be. 
  2. The address and contact details of the reporting person filing the statement, as per the latest Income Tax Return filed by the  reporting person, will be displayed on the screen and if there is a change, the reporting person will be provided an option to change the details.  
  3. In section code, the section under which donor is allowed to claim deduction for the donation needs to be filled out of the following  options:  
a) Section 80G 
b) Section 35(1)(iia) 
c) Section 35(1)(ii) 
d) Section 35(1)(iii) 
4. In “Unique identification number of the donor”, one of the following shall be filled:
a. If PAN or Aadhaar number is available, one of that should be mandatorily filled and the following ID code shall be  filled:
Type of Identification 
Code
PAN 
1
Aadhaar Number 
2
b. If neither PAN or Aadhaar is available, one of the following should be filled: 
Type of Identification 
Code
Taxpayer Identification Number of the country  where the person resides;
3
Passport number; 
4
Elector’s photo identity number 
5
Driving License number 
6
Ration card number
7
_______________________ 
  1. Inserted by the Income-tax (Sixth Amendment) Rules, 2021, w.e.f. 1-4-2021.
5. In “Donation type”, one of the following needs to be selected: 
a) Corpus 
b) Specific grant  
c) Others 
6. In “Mode of receipt”, one of the following needs to be selected: 
a) 
Cash
b) 
Kind
c) 
Electronic modes including account payee cheque/draft
d) 
Others
  1. In case of a donor which have given donations, which are eligible under different sections or which are of different types or in  different modes, separate rows should be filled for each such combination.]
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