EXPLOITING TAX BENEFITS FOR CHARITABLE DONATIONS UNDER SECTION 80G

Section 80G of the Indian Income Tax Act provides valuable incentives to citizens who contribute to eligible charitable organizations. This provision allows for a substantial tax deduction on donations made, making it a win-win situation for both the giver and the organization. To optimally utilize this benefit, it's understand the various conditio

If, having said that, the donor acquired 25 tickets, 50 percent in the donation will be recorded as an Trade and 50 % as being a contribution. A bench of Justices Girish Kulkarni and Somasekhar Sunderesan mentioned: “we've been in the apparent view the assessee definitely is really a religious and charitable have confidence in, that's why, the a