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Donations To Shri Ram Janmbhoomi Teerth Kshetra Made Eligible For Section 80G IT Act Deductions By Centre [Read Notification]

LIVELAW NEWS NETWORK
8 May 2020 2:25 PM GMT
Donations To Shri Ram Janmbhoomi Teerth Kshetra Made Eligible For Section 80G IT Act Deductions By Centre [Read Notification]
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The Central Government has notified 'Shri Ram Janmbhoomi Teerth Kshetra' Trust as a place of historic importance and a place of public worship of renown for the purposes of the Section 80G of the Income-tax Act.Section 80G deals with deduction in respect of donations to certain funds, charitable institutions, etc. Section 80G(2)(b) provides that any sums paid by the assessee in the previous...

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The Central Government has notified 'Shri Ram Janmbhoomi Teerth Kshetra' Trust as a place of historic importance and a place of public worship of renown for the purposes of the Section 80G of the Income-tax Act.

Section 80G deals with deduction in respect of donations to certain funds, charitable institutions, etc. Section 80G(2)(b) provides that any sums paid by the assessee in the previous year as donations for the renovation or repair of any such temple, mosque, gurdwara, church or other place as is notified  by the Central Government in the Official Gazette to be of historic, archaeological or artistic importance or to be a place of public worship of renown throughout any State or States.

In an unanimous verdict on 9th December 2019, the Supreme Court had held that the entire disputed land of 2.77 acres in Ayodhya must be handed over for the construction of Ram Mandir. At the same time, the Court held that an alternate plot of 5 acres must be allotted to the Sunni Waqf Board for construction of mosque.

The Central Government had also issued notification allotting the land acquired under Acquisition of Certain Area at Ayodhya Act, 1993, including the inner and outer courtyard of the disputed site, to Shri Ram Janmbhoomi Teerth Kshetra Trust.





 

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