UTILIZING TAX BENEFITS FOR CHARITABLE DONATIONS UNDER SECTION 80G

Section 80G of the Indian Income Tax Act provides valuable incentives to citizens who donate to eligible charitable institutes. This clause allows for a considerable tax deduction on donations made, making it a win-win situation for both the giver and the beneficiary. To successfully utilize this scheme, it's grasp the various criteria laid down by

ascertain the cost of your asset centered in the marketplace cost of identical or comparable property. Use the donor’s estimation if you can’t discover these. The resources or establishments suitable to permit deduction below this provision are specified in the beneath desk. These prerequisites apply to all donations, regardless of whether a