Penalty for Failure to Furnish a Statement or Certificate of Donation
Nature of Default
Penalty may be levied for failure to deliver a donation statement or furnish a donation certificate by institutions under Section 35(1)(ii)/(iii), or companies under Section 35(1)(iia), or institutions or funds under Section 80G.
Quantum of Penalty
The Assessing Officer may impose a penalty of Rs. 10,000 or more, which may extend to Rs. 100,000.