EXPLOITING TAX BENEFITS FOR CHARITABLE DONATIONS UNDER SECTION 80G

Section 80G of the Indian Income Tax Act provides valuable incentives to citizens who give to eligible charitable institutes. This section allows for a substantial tax deduction on donations made, making it a win-win situation for both the contributer and the organization. To optimally utilize this provision, it's grasp the various conditions laid

Which payment modes for donations are suitable to assert deductions under Section 80G? You can make donations or contributions by means of a draft, cash, or cheque. having said that, cash donations over ₹two,000 aren't A part of the deduction calculation u/s 80G It’s crucial that you implement an inner coverage for donated items and develop a