Section 80G of the Indian Income Tax Act provides valuable benefits to taxpayers who contribute to eligible charitable institutes. This section allows for a significant tax reduction on donations made, donation to charity deduction making it a advantageous situation for both the contributer and the recipient. To effectively utilize this benefit, yo

Which payment modes for donations are suitable to assert deductions underneath area 80G? You can make donations or contributions via a draft, cash, or cheque. However, cash donations earlier mentioned ?2,000 are usually not included in the deduction calculation u/s 80G even though these 5 cases demand charitable donation receipts, it’s most effe