As per the amendment made by the Finance Act, 2020, Every Institution/Trust registered u/s 80G or u/s 35 is required to file a statement of Donation received during the year.
This amendment is applicable from FY 2021-22
Hence, Details regarding receipt of donations from various parties are required to report in Form-10BD.
The due date for submission of Form-10BD for FY 2021-22 is 31.05.2022.
Further like the TDS certificate, in this case, also certificate in Form-10BE is required to be given to each donor whose details have been reported.
The due date for download of the certificate in Form-10BE for FY 2021-22 is 31.05.2022.
Mr. Harikrushna Jajal
