Financial Transparency

Donation Receipt, 80G Compliance & Tax Documentation

Indian Heritager Foundation issues official donation receipts for all eligible contributions received through approved payment channels.

These receipts are issued for donor acknowledgment, statutory compliance, and tax documentation purposes.

Donation Receipt Issuance

Upon successful processing of a donation, the Foundation will issue a Donation Receipt containing:

  • Donor name (as provided at the time of donation)
  • Donation amount
  • Date of donation
  • Payment transaction reference ID
  • Mode of payment
  • Unique receipt number
  • Program or project reference (where applicable)
  • Foundation details including registered address and PAN (as applicable)

Receipts are issued electronically (PDF/email) unless otherwise specified.

80G Tax Exemption Compliance

Where applicable under law, donations made to Indian Heritager Foundation may qualify for tax exemption under Section 80G of the Income Tax Act, 1961, subject to applicable rules and validity of registration.

The Foundation shall:

  • Maintain valid registration under applicable tax exemption provisions
  • Issue valid donation certificates and supporting documents required for tax claims
  • Comply with statutory reporting requirements to Income Tax authorities (including Form 10BD/10BE or other applicable formats)

Donors are responsible for claiming deductions in their income tax filings based on valid receipts issued by the Foundation.

Statutory Reporting & Transparency

In compliance with applicable laws:

  • Donation-related details may be reported to statutory authorities
  • Donor details such as name, PAN (if provided), address, and donation amount may be shared with regulatory systems for compliance verification
  • Such processing is strictly limited to legal, audit, and regulatory obligations

Correction of Donation Records

Requests for correction of donation receipts (such as name, transaction reference, or amount discrepancies) must be submitted within a reasonable time from the date of donation.

The Foundation may request supporting documentation before processing any correction.

Non-Refundability of Donations

Donations are generally non-refundable once successfully processed and allocated toward programmatic or operational activities, except in cases of:

  • Duplicate transactions due to technical error
  • Verified payment processing failure
  • Unauthorized transactions, subject to verification

Approved refunds will be processed only to the original payment method used for the donation.

Record Retention

Donation and financial records are retained for:

  • Statutory audit and compliance requirements
  • Tax and regulatory obligations
  • CSR reporting and transparency requirements

Records may be securely deleted or anonymized after the legally required retention period.

Data Protection Compliance

All donor-related personal data is processed in accordance with:

  • Digital Personal Data Protection Act, 2023 (India)
  • Applicable income tax and financial regulations
  • Internal data governance and audit policies

Data is used strictly for compliance, communication, and statutory reporting purposes.

Regards

C Santhosh Kumar
Managing Trustee
Indian Heritager Foundation