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of <h1>Section 10 of Income-tax Act Amended: Unutilized Donations Not Aiding Gujarat Earthquake Victims Taxed as Income.</h1> In the Taxation Laws (Amendment) Act, 2001, section 10 of the Income-tax Act, 1961, is amended by adding a proviso to clause (23C). This proviso states that any donation received by a fund or institution under section 80G(2)(d) that is used for purposes other than aiding earthquake victims in Gujarat, or remains unutilized and not transferred to the Prime Minister's National Relief Fund by March 31, 2002, will be considered income for the previous year and taxed accordingly.
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