CBDT confirms to have put Ram Janambhoomi Teertha Kshetra section 80G of Income Tax

NewsBharati    09-May-2020 11:11:37 AM
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New Delhi, May 9 : The government on Saturday decided to put Shri Ram Janambhoomi Teerth Kshetra Trust under section 80G of the Income-tax Act, and issued a notification in this regard. With this decision, donations made to the trust have been exempted under the said provisions of the income tax for the financial year 2020-21.
 
The Central Board of Direct Taxes has allowed tax exemption to donations under Section 80 G of the Income Tax Act to the trust on the grounds that the structure would be a place of historic importance and a place of public worship. Notably, the tax break under Section 80G allows amounts donated to be deducted from the taxable income, but there are certain conditions and restrictions in claiming the tax break.
 
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The Shri Ram Janambhoomi Teerth Kshetra Trust has been created for the construction of the Ram temple in Ayodhya. The 15-member trust was constituted by the Modi government, after the Supreme Court's verdict on November 9 settled the Ram Janmabhoomi-Babri Masjid case.
 
In its first meeting, the Shri Ram Janmabhoomi Tirtha Kshetra Trust, elected Nitya Gopal Das as its president, Champat Rai General Secretary, while Swami Govind Dev Giri was named as its Treasurer. Senior Supreme Court lawyer K Parasaran is the head of the Board of Trustees, while other members of the trust are: Jagatguru Shankracharya, Jyothishpeethadheeshwar Swami Vasudevanand Saraswati Ji Maharaj from Allahabad, Jagatguru Madhavacharya Swami Vishwa Prasannatheerth Ji Maharaj, Pejawar Math in Udupi, Yugpurush Paramanand Ji Maharaj from Haridwar, Swami Govinddev Giri Ji Maharaj from Pune and Vimlendra Mohan Pratap Mishra from Ayodhya.

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Earlier on April 8, the Trust also released its official logo on the occasion of Hanuman Jayanti in Ayodhya without any fanfare. The logo has a photograph of the sun with a photograph of Lord Ram encircled with the logo in Sanskrit language stating Ramo vigrahavan dharmah (Lord Rama is the embodiment of religion). Lord Hanuman also finds a place in the logo which is in red, yellow and saffron.