Section 80G of the Indian Income Tax Act provides valuable benefits to individuals who give to eligible charitable institutes. This section allows for a substantial tax relief on donations made, making it a win-win situation for both the giver and the recipient. To optimally utilize this scheme, one must understand the various criteria laid down by
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The quantum of deduction in regard of varied sorts of donations is offered as below: (A) Donations made to adhering to are qualified for one hundred% Deduction without any Qualifying Limit: When generating a contribution to the next classification, you need to initially determine the maximum/qualifying 80G deduction limit. The maximum/qualifying l
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