Donation deduction under Section 80-G preserved even if recipient's income later becomes taxable or exemption denied. The substituted Explanation 2 declares that a deduction for a donation to an institution or fund to which sub-section (5) applies shall not be denied merely because (i) subsequently any part of the income of the institution or fund becomes chargeable to tax due to non-compliance with provisions governing charitable income, or (ii) exemption is denied to the institution or fund in relation to income from certain investments where the aggregate of funds invested in a concern does not exceed a specified small threshold.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Donation deduction under Section 80-G preserved even if recipient's income later becomes taxable or exemption denied.
The substituted Explanation 2 declares that a deduction for a donation to an institution or fund to which sub-section (5) applies shall not be denied merely because (i) subsequently any part of the income of the institution or fund becomes chargeable to tax due to non-compliance with provisions governing charitable income, or (ii) exemption is denied to the institution or fund in relation to income from certain investments where the aggregate of funds invested in a concern does not exceed a specified small threshold.
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