10BD and 10 BE

10BD and 10 BE

10BD is a form for Statement of Donation to be filed every year for all the donation received during the Financial year.

Once the donation of statement is filed , such entity shall provide certificate of donation in form 10BE to all such donors whose donations were specified in the statement of Donation.

10BD is to be filed every financial year by 31st of may of the following financial year.

It is to be filed electronically on the portal of Income Tax Department

Details required for 10BD.

• > Name of the donor.
• > Pan card or Aadhar card .
• > Name and address of the donor.
• > Type of donation received.
• > Mode of receipt of donation.
• > Amount of donation.

Consequences of non compliance.

• > Such entity shall be liable to pay a penalty of Rs: 200 per day of non- compliance U/S 234 G of the Income Tax Act.
• > Penalty U/S 271K which shall not be less than Rs: 10,000 and which may extend upto Rs: 1,00,000.

For more Information, please feel free to contact whatsapp or request to call back