Manual forms for income tax exemptions to be made electronic

Update: 2010-09-15 00:00 GMT

NEW DELHI, Oct 30: The government has proposed doing away with manual filing of application forms seeking exemption of tax on incomes received by a person on behalf of any other fund, university, educational institution, hospital, trust or any other institution.

It proposed electronic filing of all such forms including form 10G meant for grant of approval for deduction in respect of donations to any fund or institution to which section 80G of the Income Tax Rules applies.

The Income Tax Department issued the draft notification proposing the required amendments to the Income-Tax Rules seeking inputs from stakeholders and general public till November 12. - IANS

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