Deductions u/s 80G for Indira Gandhi Memorial Trust. - Income Tax - 1625/CBDT

INSTRUCTION NO. 1625/CBDT Dated: June 10, 1985 The Finance Act has introduced sub-clause(iiic) in sub-section 2 of section 80G of the Income-tax Act, 1961 placing the donations to the Indira Gandhi Memorial Trust at par with donations to other funds of national importance and therefore eligible for deduction u/s.80-G without any ceiling on the amounts of donations qualifying for deduction. This amendment is effective from 1st April 1985 and will accordingly apply in relation to the assessment year 1985-86 and subsequent years. 2. There may be instances where donations may have been made to this trust prior to 21st February 1985 in view of the wide publicity given in the media. It has been decided by the Board that such donations should be eligible for deduction u/s.80-G subject to other conditions being satisfied. 3. These instructions may please be brought to the notice of all officers working in your charge.