Restricting cash donations :
CLAUSE(S) OF FINANCE BILL, 2017 |
PARTICUL ARS OF AMENDME NTS | SECTION | AMENDMENT / NEWLY INSERTED |
APPLICABLE W.E.F. |
BRIEF OF AMENDMENT |
35 | Restricting cash donations |
80G(5D) | AMENDED | 01st April 2018 (A.Y. 2018-19) |
It is proposed that donation of any sum exceeding two thousand rupees made in cash shall not be allowed as deduction. (Previously donation exceeding Ten thousand rupees paid in cash were disallowed) |