Can employer give 80G deduction in Form 16?
In organizations, an employer is required to deduct TDS (Tax Deducted at Source) on salaries before paying out the net salary amount to the employee. The TDS amount deducted by the employer is reflected in Form 16, along with any Chapter VI-A deductions (such as 80C, 80D, 80G, etc.) claimed by the employee during the year. To facilitate accurate computation of income tax, employees are required to submit investment proofs and other relevant documents (such as receipts for donations made under Section 80G) to the employer based on the declarations made…
“When it comes to donations under Section 80G, the employer can provide deductions only under certain conditions. If the employee is claiming an 80G deduction, the employer can only consider it in the computation of taxable income if the donation is made to eligible charitable funds and form 10BE is provided to employee along with Proof of Investment(POI) submission..
The Employer in not provided the deduction in Form 16 or missed to inform, the assessee can claim deduction under sec 80G while Filing their Income Tax Return.”