Tax Relief

Donations for the Ayodhya Mosque for tax relief | India Information

AYODHYA: Nine months after the Ayodhya Mosque Trust – Indo Islamic Cultural Foundation (IICF) – applied for Section 80G tax exemption for donations to the mosque hospital project, it finally received approval from the Central Board of Direct Taxes on Thursday.
The trust, which was formed after the Supreme Court’s Ayodhya ruling, lacked the funds without Section 80G certification, tax-exempt donations to charities. IICF was founded on July 29, 2020 and applied for tax exemption on September 1, 2020.
Trust Secretary Athar Hussain told TOI: “Objections and inquiries from the IT department and procedural delays prevented donations for the construction of the mosque-hospital complex. Contributions from abroad were also throttled in the absence of the Foreign Contribution Regulation Act (FCRA), which makes Section 80G a mandatory requirement. So far we have received Rs 20 lakh as donations and have not started crowdfunding. Well-wishers have donated voluntarily. After nodding to the tax exemption, we will now collect donations from selected donors and apply for FCRA approval. ”
Trust Chairman Zafar Farooqui said: “Our application was denied on January 21, 2021. We applied again on February 3rd and responded to inquiries on March 10th. ”IICF Trustee Captain Afzaal Ahmad Khan, who had asked the Center and the Treasury to intervene in the failure to grant a tax exemption, told the Ministry and thanked the IT department.
Funds have been denied to the trust without Section 80G certification, which makes donations to charities tax-exempt.

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