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    <title>Amendment of section 80G.</title>
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    <description>Amendment shifts approval authority to the Principal Commissioner or Commissioner and requires institutions or funds to deliver prescribed statements to the income-tax authority, issue donor certificates in prescribed form and follow prescribed application, inquiry, grant, provisional grant, renewal, rejection and cancellation procedures; deduction claims by assessees will be allowed on the basis of information furnished by the institution or fund to the income-tax authority, subject to verification under the Board&#039;s risk management strategy, and pending applications are deemed to fall under the new provisional-application category.</description>
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      <description>Amendment shifts approval authority to the Principal Commissioner or Commissioner and requires institutions or funds to deliver prescribed statements to the income-tax authority, issue donor certificates in prescribed form and follow prescribed application, inquiry, grant, provisional grant, renewal, rejection and cancellation procedures; deduction claims by assessees will be allowed on the basis of information furnished by the institution or fund to the income-tax authority, subject to verification under the Board&#039;s risk management strategy, and pending applications are deemed to fall under the new provisional-application category.</description>
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