Accurate Donation Reporting. Timely Filing. No Penalties.
Form 10BD is a critical compliance requirement for trusts and institutions receiving donations.
Incorrect reporting or delay can lead to penalties and affect donor deductions.
At N D Savla & Associates, we ensure accurate reporting of donor details, proper reconciliation, and timely filing—so your compliance stays clean and penalty-free.
What is Form 10BD?
Form 10BD is an annual statement of donations received by trusts and institutions registered under Section 80G or Section 35.
It captures donor details, amount of donation, mode of payment, and other required information.
- Reporting of donor-wise donation details
- Reconciliation with books and receipts
- Compliance with Section 80G provisions
- Preparation and filing of Form 10BD
- Issuance of Form 10BE certificates
Who Needs to File Form 10BD?
- Charitable trusts registered under Section 80G
- Institutions approved under Section 35
- NGOs receiving eligible donations
Documents Required
- Donation records and receipts
- Donor details (PAN, address, amount)
- Books of accounts
- Bank statements
- Registration certificates
Risks of Non-Compliance
- Penalty of ?200 per day (Section 234G)
- Additional penalties under Section 271K
- Disallowance of donor deductions
- Increased scrutiny from authorities
Form 10BD Filing Process
- Collection of donation data
- Verification and reconciliation
- Preparation of donor-wise statement
- Filing Form 10BD online
- Issuance of Form 10BE certificates
Why Choose N D Savla & Associates?
Accurate Reporting
Correct donor-wise data and reconciliation.
Timely Filing
Avoid penalties with on-time compliance.
Compliance Assurance
Ensuring full compliance with tax provisions.
Frequently Asked Questions
What is Form 10BD?
It is a statement of donations filed annually by trusts.
Who needs to file Form 10BD?
Trusts registered under Section 80G or Section 35.
What is the due date?
Generally 31st May of the following year.
What is Form 10BE?
It is the certificate issued to donors for deduction claims.
Penalty for delay?
?200 per day plus additional penalties.
Which firm is best for Form 10BD?
N D Savla & Associates provides reliable Form 10BD filing services.