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All donations qualify for a 100% tax deduction, with tax receipts issued upon receipt of funds, typically within 3-4 working days; please refer to the Tax Exemption tab for more details.
Bank Transfer Details : NEFT/RTGS
Account Name | Endowment Fund Account, IIT Kanpur |
Account Number | 10426004735 |
Branch Name | IIT Kanpur |
Bank Name | SBI |
IFS Code | SBIN0001161 |
SWIFT Code | SBININBB499 |
Contributors | Beneficiary | Allowed deductions | Sections/ Classification of IRS | Link |
Individual (Indian Residents) | Endowment Fund Account, IIT Kanpur | 100% | 80G of Income Tax Act, 1961. | Govt. notification |
Body Corporate (Corporate Donations) | Endowment Fund Account, IIT Kanpur | 100% | 80G of Income Tax Act, 1961. | Govt. notification |
Body Corporate (Corporate Donations for stated objective) | Corporate Research Fund Account, IIT Kanpur | 100% | 35(1)(ii) of Income Tax Act, 1961. | Govt. notification |
Body Corporate (Corporate Donations for scientific research) | Corporate Research Fund Account, IIT Kanpur | 100% | 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. |