Income Tax Dept issues Instructions for filing Form 10BD [Read Instructions]

income tax department - Form 10BD - Income tax - Taxscan

The income tax department has issued an instruction for the filing of form 10BD. The income tax Department has made live form 10BD, return of donation. 31st May is the last date for filing the form.

These instructions are guidelines to help the taxpayers for filing the particulars in the CSV template in Part-B Details of donors and donations relevant to the Financial Year. Ensure to provide the data as per the below instructions and in the correct schema only to avoid rejections during processing. The instructions are to be read in conjunction with the set of instructions provided in the Form 10BD “Statement of particulars to be filed by reporting person u/s 80G(5)/35(1A)(i)” instruction page.

“In case of any doubt, please refer to relevant provisions of the Income-Tax Act, 1961 and Income Tax Rules, 1962. Start by downloading a fresh CSV Template for uploading transaction-wise “Part-B Details of donors and donation”. Please note that the file size cannot be more than 50 MB,” the advisory said.

Subscribe Taxscan Premium to view the Judgment

Support our journalism by subscribing to Taxscan AdFree. Follow us on Telegram for quick updates.

taxscan-loader