[ad_1]
New Delhi: On Friday (May 8) the government decided to put Shri Ram Janambhoomi Teerth Kshetra Trust under section 80G of the Income Tax Law, and issued a notice to that effect. With this decision, donations made to the trust were exempt under the income tax provisions for fiscal year 2020-21.
The Central Board of Direct Taxes (CBDT) has allowed the exemption of taxes on donations under Section 80 G of the Income Tax Act to the trust, arguing that the structure would be a “place of historical importance and a place of public worship. “
Notably, the tax exemption under Section 80G allows donated amounts to be deducted from taxable income, but there are certain conditions and restrictions for claiming tax exemption.
The Shri Ram Janambhoomi Teerth Kshetra Trust has been created for the construction of the Ram temple in Ayodhya. The 15-member trust was established by the Modi government, after the Supreme Court verdict on November 9 resolved the Ram Janmabhoomi-Babri Masjid case.
At their first meeting, the Shri Ram Janmabhoomi Tirtha Kshetra Trust, elected Nitya Gopal Das as their president, the Secretary General of Champat Rai, while Swami Govind Dev Giri was appointed their Treasurer.
Chief Justice of the Supreme Court, 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 de Allahabad, Jagatguru Madhavacharya Maharaja Prasan Jharah Maha Maharajhpur Maharaji Maharaji Maharaja Ji Maharaj from Haridwar, Swami Govinddev Giri Ji Maharaj from Pune and Vimlendra Mohan Pratap Mishra from Ayodhya.
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 surrounded by the Sanskrit language logo that says “Ramo vigrahavan dharmah” (Lord Rama is the embodiment of religion).
Lord Hanuman also finds a place in the logo that is in red, yellow, and saffron.
.
[ad_2]
