We've created this stepbystep guide on everything you need to know about creating a donation receipt letter for tax purposes. You fill in a reasonable, fair-market value of the donation.A donation receipt documents the details of a cash or property donation that's gifted to an individual cause or organization. The tax credit is claimed on Form 321. A tax receipt to record your donation is available here. Simply click on "Get Tax receipt" to download a copy to complete and keep for your records. The donation receipt should have details such as name of donee, address of donee, PAN of donee, amount of donation, mode of payment.