Sec 80G deduction on account of contribution to the Ram Mandir Trust:
⏩1. The Shri Ram Janmabhoomi Teerth Kshetra (PAN: AAZTS6197B) has been notified under sub-clause (b) of Section 80G(2), thus enabling deduction U/S 80G for donations made to the Trust.
⏩2. Starting from the fiscal year 2020-21 and onwards, contributions made during this period are deemed eligible for deductions under Section 80G.
⏩3. Regardless of whether the donation is made before or after the pran pratishtha of Ram Lalla, deduction is available U/S 80G subject to conditions.
⏩4. We need to note that only 50% deduction available. Also, if the aggregate donation surpasses 10% of the adjusted gross total income, any excess amount beyond this threshold will not be eligible for deduction under Section 80G.
⏩5. For claiming donation as a deduction, we need the receipt from the Trust, which is a proof of payment of donation.
⏩6. We also need the Form 10BE as an evidence to support the Section 80G deduction while filing ITR.
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