80G Donation Receipt Format: What NGOs and Donors Need to Know

In India, under Section 80G of the Indian Income Tax Act, 1961, one can claim tax deductions and reduce their overall taxable income by donating to a registered NGO. But, to avail the tax benefits, one must have an 80G donation receipt. In this article, we have shared a generic format of an 80G donation receipt so that NGOs know what to include in the receipt and donors know what to check for.

What is an 80G Donation Receipt?

80G Donation receipt is a document that serves as proof of a charitable contribution made by an individual or organisation. It is issued by NGOs registered under Section 80G of the Income Tax Act. It allows donors to claim tax deductions on their contributions by serving as valid proof of donation. This document not only ensures transparency but also strengthens donor trust and compliance with tax regulations.

80G Donation for NGO in India: 80G Donation Receipt Format

There is no specific 80G donation receipt format, it can vary from one organisation to another. However, a valid 80G receipt typically includes the following details:

• Full Name of the Trust/NGO receiving the donation
• Complete address of the organization
• Permanent Account Number (PAN) of the organization
• 80G Registration Number, along with the validity period
• A unique receipt number for tracking
• Date of Donation
• Details of the donor, including- Full name, address, Permanent Account Number (PAN), and E-mail ID
• Amount donated
• Mode of Payment (bank transfer, cheque, or digital payment)
• Signature of the authorized person from the organization

80G Donation for NGO in India: Points to Remember

You must keep the following points in mind before donating to an NGO to avail tax savings on charitable donations:

• Any individual, partnership firm, HUF, company and any other type of taxpayer can claim deduction under Section 80G.
• Depending on the organization you are donating to, you can claim a deduction of up to a maximum of 50% or 100% of the donated amount.
• Only donations made to  registered NGOs and charitable institutions qualify for deductions.
• To claim tax benefits, you should have a receipt of the donation made and NGO’s registration details.
• You must have a PAN card. This is required while filing income tax returns.
• The donation must be made via bank transfer, cheque, or digital payment.
• The donations made must be monetary. In-kind donations do not qualify for tax exemptions. It is important to note that cash donations above Rs. 2,000 do not qualify for tax deductions.

Genesis Foundation is Registered Under 80G

Genesis Foundation supports child heart treatment of underprivileged children who are diagnosed with a Congenital Heart Defect (CHD). These children fall in the age group of 0-18 years and are from families with a monthly income that does not exceed Rs. 20,000. We are registered under Sections 12-A and 80-G of the Income Tax Act which entitles 50% tax exemption to Indian donors. We also provide the 80G donation receipt to our Indian donors.

At the Foundation, 100% of donations from individual donors are used towards the treatment of children with no allocation towards administrative costs. You can donate here- https://www.genesis-foundation.net/donate

Why Donate to Genesis Foundation?

Genesis Foundation stands by their unwavering commitment to supporting children with congenital heart defects (CHD). Our mission is simple yet powerful- to give every child a healthy heart and a fighting chance at life. Our work is extremely transparent- you can see the annual reports available on our website that clearly outline how the received funds are allocated. We share regular reports and impact stories with our donors to ensure that they are well-aware of the difference their donation is making in the lives of lesser-privileged children with CHD. With 80G donation for NGO in India, you can not only support a cause close to your heart but also enjoy tax savings on charitable donations.

Contact Us

Join us in our mission and vision of saving little hearts. To know more about the Foundation, call +91 96506 03438 or email [email protected]

References

ClearTax. Donation Under Section 80G and 80GGA: Tax Benefits and Eligibility. Available from: https://cleartax.in/s/donation-under-section-80g-and-80gg

IndiaFilings. Section 80G Deduction – Income Tax Act. Available from: https://www.indiafilings.com/learn/section-80g-deduction-income-tax-act

Indian Pediatrics. Congenital Heart Disease in India: Available from: https://www.indianpediatrics.net/dec2018/1075.pdf