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FORM 10BD

Form 10BD is an important compliance requirement under the Income Tax Act, 1961, introduced to enhance transparency and accountability in the reporting of donations received by charitable institutions, trusts, and research organisations. As per Section 80G(5)(viii) and Section 35(1A)(i), every organisation or institution approved under these sections must file Form 10BD annually, providing detailed information about each donation received during the financial year. The primary objective of Form 10BD is to create a systematic record of donations that can be cross-verified with the donors’ tax returns, ensuring that the deductions claimed by donors under Section 80G or 35 are accurate and legitimate. It helps prevent misuse of charitable deductions and strengthens the integrity of the tax system by establishing a transparent linkage between donations received and tax benefits availed. In Form 10BD, institutions are required to furnish details such as the name, address, PAN or Aadhaar number of the donor, the amount donated, the mode of donation (cash, cheque, online transfer, etc.), and the unique registration number (URN) of the organisation. This information ensures that every donation is properly accounted for and can be matched with the corresponding donor record maintained by the Income Tax Department.

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Description

Section 80G(5)(viii): Under this section, donations made to certain funds, trusts, institutions, or organizations are eligible for deduction from taxable income. However, for such donations to be eligible for deduction, the recipient organization must furnish a statement of donations received in Form 10BD. This form helps the donor in claiming deductions under Section 80G.

Section 35(1A)(i): This section pertains to scientific research donations. Donations made for scientific research are eligible for deduction under this section. Similar to Section 80G, for the donations to be eligible for deduction, the recipient organization must furnish a statement of donations received in Form 10BD.

In both cases, Form 10BD serves as a crucial document for the donor to claim tax deductions. It provides details of the donations made to qualifying organizations, including the name and address of the recipient organization, the amount of donation, and other relevant particulars.

It's important for both the donor and the recipient organization to ensure timely and accurate filing of Form 10BD to facilitate the tax deduction process and to comply with the provisions of the Income Tax Act. If no donation is received during the financial year, the above form is not needed. The last date to submit the statement in Form 10BD is 31st May immediately following the end of the financial year in which the donation was received. 

Frequently Asked Questions

Browse practical answers curated by our CA and CS desks for FORM 10BD.

Basics & Applicability
Process, Due Dates & Documents
Compliance Risks & Consequences
How BizPriest Can Assist & Benefits

Basics & Applicability

Form 10BD is a statement required to be furnished by charitable institutions, trusts, research organisations or institutions that receive donations under Section 80G or Section 35(1) of the Income Tax Act 1961.

Only entities which: (a) have approval under Section 80G (5)(viii) or (b) research institutions under Section 35(1A)(i) and (c) receive donations eligible for tax-deduction, are required to file Form 10BD.

No — if the institution did not receive any donations eligible under Section 80G/35 in the financial year, the form need not be filed.

It was introduced to enhance transparency and accountability in donation-deduction claims, enabling the Income Tax Department to match donor claims with the recipient institution’s reported donations.

Process, Due Dates & Documents

The form must be filed on or before 31st May of the year following the financial year in which the donation was received.

It is filed electronically via the Income Tax e-Filing portal: e-File ? Income Tax Forms ? Form 10BD, with mandatory verification via DSC, EVC or OTP.

 Donor’s name, PAN/Aadhaar/valid ID, address, amount donated, mode of payment, section under which the donation qualifies (80G/35), etc.

The institution should maintain donor registers, donation receipts, ID proof of donors, board resolutions approving whether eligible, and files of uploaded CSV/templates used in Form 10BD.

Compliance Risks & Consequences

Late filing attracts a fee of ?200 per day of delay under Section 234G, and a penalty under Section 271K (minimum ?10,000 up to ?1,00,000) may apply.

Yes — if the donee institution fails to file Form 10BD, donors may face issues in claiming deductions under Section 80G/35 for their contributions.

Donations where donor identity is not captured (anonymous) or cash donations not complying with ?2,000 cash limit may not be eligible for deduction; though the institution may still need to report as per rule.

Yes — revised filings are permitted, where the institution can correct data within the portal before or after due date, subject to compliance rules.

How BizPriest Can Assist & Benefits

BizPriest helps by preparing donor-data templates, verifying donor details, uploading the form electronically, generating acknowledgements, and coordinating download of Form 10BE certificates for donors.

You gain timely compliance, accuracy in reporting donations, reduced risk of penalties, and better donor confidence through issuing correct deduction certificates.

You’ll need donor list with IDs, donation amount and date, mode of donation, approval under 80G/35, records of receipts issued, and prior AY filing data.

Because BizPriest offers expert guidance, ensures full adherence to donation reporting rules, handles the portal submission process end-to-end, and helps maintain donor trust and regulatory goodwill.

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