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of <h1>Finance Bill 2009 amends Section 80G, removing time limits for charity approval, retroactive from April 1, 2009.</h1> Clause 33 of the Finance (No. 2) Bill, 2009 proposes amendments to section 80G of the Income-tax Act, concerning deductions for donations to certain funds and charitable institutions. The amendment removes the time limit for approval of institutions or funds under clause (vi) of sub-section (5), effective from October 1, 2009. It also deems institutions approved for the year starting April 1, 2007, as established for charitable purposes and approved for the subsequent year, overriding certain conditions in section 2. This change applies retrospectively from April 1, 2009, affecting the 2009-2010 assessment year.
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