Donation to Somnath Temple- Deduction allowed to donors under section 80G
If you are making a donation to the Somnath Temple which is managed by Shree Somnath Trust, you should be knowing that you are eligible for a tax deduction under section 80G of the Income Tax Act, 1961. For this purpose, the CBDT has issued an exemption notification dated 11-04-2022 which has notified "The Somnath Temple managed by Shree Somnath Trust" to be place of historic importance and a place of worship of renown. The Notification reads as follows:
"In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income Tax-Act, 1961 (43 of 1961), the Central Government hereby notified "The Somnath Temple managed by Shree Somnath Trust (PAN: AAATS9555Q) to be place of historic importance and a place of worship of renown for the purposes of the said section."
For claiming tax deduction for donation made to Shree Somnath Trust, you would need PAN of the Trust as it is compulsory to mention the PAN of the trust for claiming deduction under section 80G. PAN of Shree Somnath Trust is as below:
But, you should keep in mind that you should make donation only through Account payee cheque/ Netbanking/ UPI/ any other banking mode. Donations made in cash for an amount more than Rs. 2,000 are not eligible for deduction under section 80G.
Disclaimer: The above article is meant for informative purposes only. Making donation or financial transaction with any trust is on discretion of the reader. Taxwink is not responsible for any loss or damage caused to any person from use of the information contained in this article.
