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All donations are eligible for 100% tax deduction. Due Tax receipt will be issued by IIT Kanpur for the donation made post reconciliation of bank statement upon realisation of funds

* As per the Indian Income Tax Authority Rule, a donor is required to add PAN number in case the donor wishes to receive the 80G certificate.

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Contributors BeneficiaryAllowed deductions Sections/ Classification of IRSLink
Individual (Indian Residents)Endowment Fund Account, IIT Kanpur100%80G of Income Tax Act, 1961. Govt. notification
Body Corporate (Corporate Donations)Endowment Fund Account, IIT Kanpur100%80G of Income Tax Act, 1961. Govt. notification
Body Corporate (Corporate Donations for stated objective)Corporate Research Fund Account, IIT Kanpur100% 35(1)(ii) of Income Tax Act, 1961.Govt. notification
Body Corporate (Corporate Donations for scientific research)Corporate Research Fund Account, IIT Kanpur100%35(2AA) of Income Tax Act,1961. Form 3CG
Corporate Social Responsibility(CSR) Link
IIT Kanpur is eligible to accept funding from Corporate Social Responsibility Initiatives for the purpose of education, as mentioned under Schedule VII & Section 135 of Companies Act 2013.Click here to view Pan Card of IIT Kanpur.