LEVERAGING TAX BENEFITS FOR CHARITABLE DONATIONS UNDER SECTION 80G

Section 80G of the Indian Income Tax Act provides valuable benefits to individuals who contribute to eligible charitable institutes. This section allows for a substantial tax deduction on donations made, making it a mutually beneficial situation for both the giver and the recipient. To effectively utilize this scheme, you should grasp the various c

A domestic fraternal Modern society, operating beneath the lodge technique, but provided that the contribution is to be used completely for charitable applications; price the asset employing a donor-equipped rate. In case you are not able to locate similar or related property or worth the donation in every other realistic way, it is acceptable to