TAX BENEFITS OF CHARITABLE DONATIONS UNDER SECTION 80G

Charitable donations in India are recognized as a laudable act and are encouraged by the government. Under Section 80G of the Income Tax Act, 1961, donors are entitled to certain tax exemptions on their contributions made to eligible charitable organizations. These benefits aim to stimulate individuals and organizations to contribute towards the so

This entry information the non-cash donation to a certified charitable Corporation. The donation is designed up of residence, for instance items, providers, or other belongings, and is taken into account deductible by The interior Revenue company. To qualify for the deduction, the donation must be manufactured to a certified charitable Business. P