https://www.taxtmi.com/manuals?id=903 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. en-us Wed, 12 Aug 2015 18:31:00 +0530 Wed, 01 Jul 2026 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=903 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. Manuals Income Tax Wed, 12 Aug 2015 18:31:00 +0530 https://www.taxtmi.com/manuals?id=903