Compliance for Form 10BD by 80G Trusts

Now to bring more transparency and to link the details of the donation received by exempted entities with the donations claimed by assessee in Income Tax return and to further strengthen the tax system, new form 10BD introduced to get the details of the donations from the exempted entities. This needs to be filed on or before 31-05-2022 for donations received in F.Y. 2021-22. Please refer the link attached below and know what you need to do now if you are the prescribed exempted entity –

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