UTILIZING TAX BENEFITS FOR CHARITABLE DONATIONS UNDER SECTION 80G

Section 80G of the Indian Income Tax Act provides valuable advantages to individuals who contribute to eligible charitable causes. This section allows for a significant tax deduction on donations made, making it a mutually beneficial situation for both the giver and Checklist the organization. To optimally utilize this provision, it's comprehend th

Which payment modes for donations are suitable to assert deductions underneath portion 80G? you may make donations or contributions by using a draft, cash, or cheque. However, cash donations over ₹2,000 aren't A part of the deduction calculation u/s 80G corporations need to also comprehend whether or not they can deduct donations on their own co