PM CARES Donations are eligible for deduction u/s 80G of the Income-tax Act,1961– CBDT Order

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PM CARES FUND DONATIONS

PM CARES Donations are eligible for deduction u/s 80G of the Income-tax Act,1961– CBDT Order

The Department of Revenue has notified that the contributions made to the Fund are in the form of a consolidated payment. The deduction in respect of such donations as indicated above will be admissible u/s 80G of the Act on the basis of Form 16.

F.No.178/7/2020-ITA-I
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

New Delhi, the 9th April 2020

Subject:- Submission of certificate for claiming deductions u/s 80G of the Income-tax Act, 1961 in respect of donation made by an employee to the “Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES FUND)”

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The donations made to the “Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES FUND)” are eligible for deduction u/s 80G of the Income-tax Act,1961(the Act). In cases where donation is made to the Fund by an employee through his/her employer, the Fund may not be able to issue a separate certificate to every such employee in respect of the donation so made, as the contributions made to the Fund are in the form of a consolidated payment. It is hereby, clarified that the deduction in respect of such donations as indicated above will be admissible w/s 80G of the Act on the basis of the Form 16/Certificate issued by the Drawing and Disbursing Officer (DDO)/Employer in this regard.

sd/-
Gulzar Ahmad Wani
Under Secretary to the Government of India

 

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