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 incentives aim to encourage individuals and organizations to contribute towards t… Read More

Contributions have to in fact be paid in cash or other property before the near of one's tax 12 months being deductible, no matter if you utilize the cash or accrual method. A brief description with the disclosure and substantiation specifications for contributions to charitable businesses. File your ITR Together with the pertine… Read More