DONATION IN KIND - Deduction U/s 80G

[MUKESH SHAH]

Dear Experts,

Whether deduction U/s 80G is available to assessee if he gives any things like land, gold etc to a charitable institution?

Thank you

AI Summary

Donations in Kind Not Eligible for Deductions Under Section 80G, Clarifies Expert on Income Tax Act. A query was raised regarding the availability of deductions under Section 80G of the Income Tax Act for donations made in kind, such as land or gold, to charitable institutions. An expert clarified that according to Explanation 5 of Section 80G, deductions are not allowed for donations made in kind.