UTILIZING TAX BENEFITS FOR CHARITABLE DONATIONS UNDER SECTION 80G

Section 80G of the Indian Income Tax Act provides valuable advantages to citizens who contribute to eligible charitable causes. This section allows for a considerable tax reduction on donations made, making it a mutually beneficial situation for both the giver and the beneficiary. To optimally utilize this benefit, one must comprehend the various r

Which payment modes for donations are satisfactory to say deductions under segment 80G? you may make donations or contributions by means of a draft, cash, or cheque. having said that, cash donations above ₹two,000 are certainly not A part of the deduction calculation u/s 80G organizations have to also fully grasp whether they can deduct donation