EXPLOITING TAX BENEFITS FOR CHARITABLE DONATIONS UNDER SECTION 80G

Section 80G of the Indian Income Tax Act provides valuable incentives to individuals who donate to eligible charitable causes. This section allows for a significant tax reduction on donations made, making it a advantageous situation for both the contributer and the recipient. To successfully utilize this provision, one must comprehend the various c

The donation made to a fund or institution shall be authorized as deduction only if this kind of fund or institution is either specified in the provision itself or notified because of the tax authorities. just after generating a donation to some charitable Business, request an acknowledgment letter from the charity to help keep along with your oth