Donation deduction rules under income tax now cover approved funds, charitable institutions, monetary payments, and reporting-based verification. Deduction for donations to specified funds, charitable institutions and approved entities is structured under the new Section 133 of the Income Tax Act, 2025, with donations classified into 100% deduction and 50% deduction categories. The provision covers named national funds, relief funds, approved educational institutions, charitable bodies, family planning donations, sports-related donations, and other approved institutions, subject to specified conditions. The deduction is limited by a 10% adjusted gross total income ceiling for certain categories, is confined to monetary donations, and cannot be claimed again under any other provision. Reporting by the donee institution and verification under risk management rules are mandatory.
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 rules under income tax now cover approved funds, charitable institutions, monetary payments, and reporting-based verification.
Deduction for donations to specified funds, charitable institutions and approved entities is structured under the new Section 133 of the Income Tax Act, 2025, with donations classified into 100% deduction and 50% deduction categories. The provision covers named national funds, relief funds, approved educational institutions, charitable bodies, family planning donations, sports-related donations, and other approved institutions, subject to specified conditions. The deduction is limited by a 10% adjusted gross total income ceiling for certain categories, is confined to monetary donations, and cannot be claimed again under any other provision. Reporting by the donee institution and verification under risk management rules are mandatory.
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