As we all know anonymous donations received by a trust are taxable, so every charitable trust has to keep the records of donation received which includes keeping the name, address and PAN of donee. If donations are received towards corpus than trust should obtain from donee an instruction mentioning his intention to treat the donation given by him as towards corpus of the trust. Given below is the format of instruction given by donee to trust to treat the donation given by him as towards the corpus fund:-__________________________________
PAN No. …………………
XYZ Charitable Trust
Sub. Donation to trust towards Corpus Fund
We are enclosing herewith a Cheque No. _____________ dated __________ drawn on bank _______________ for a sum of Rs. ___________/- (Rupees __________ only). This amount is paid as donation with specific direction that it shall from part of the corpus of your Trust and it may be spent by you manner consistent with the Trust objects.
Kindly issue a stamped receipt and also exemption certificate under section 80G of the Income Tax Act 1961 for the above donation. My PAN No. is _____________________.
1. PAN Card Copy
2. Address Proof