Section 80G of the Indian Income Tax Act provides valuable incentives to individuals who contribute to eligible charitable causes. This clause allows for a substantial tax deduction on donations made, making it a mutually beneficial situation for both the giver and the recipient. To successfully utilize this benefit, it's grasp the various criteria… Read More

The sum paid out to an authorized association or institution which undertakes teaching of person(s) for implementing programmes of rural improvement It’s essential to carry out an interior plan for donated goods and produce a donor receipt method for noncash contributions. When accounting for donations to nonprofit corporations, the worth of you… Read More