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to our project for Rain Water Harvesting (RWH) are 100%
deductible u/s 35AC and 8OGGA of Income Tax Act 1961.
Payment of any sum made to The Bridge Public Charitable
Trust for carrying on the project - Rain Water Harvesting
(RWH) in 23 tribal villages of Shahapur Taluka, Thane
District - is allowable as a deduction u/s 35AC of Income
Tax Act when computing business income. In case the
contributor does not have business income then such
amount paid by the contributor is allowable as a deduction
u/s 8OGGA. The total project cost is Rs. 2.72 crores
and the approval is cumulatively for three financial
years: 2008- 2009, 2009-2010 and 2010-2011. (Notification
No. S.0.2370(E) dated 3 October, 2008 issued by Ministry
of Finance, Government of India on the recommendation
of the National Committee).
In short, the gross taxable income of the contributors
gets reduced by the amount of donation to the above
mentioned project.
Please send your donations by Cheque / Draft / B.P.O.
/ M.O. drawn in the name of The Bridge Public Charitable
Trust”. Please write your full address and PAN / G.I.R.
Number for the purpose of issuing Form 58A.
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