Embarking on a philanthropic journey can be fulfilling. While the desire to contribute is commendable, understanding the nuances of tax benefits associated with charitable How-to donations can significantly enhance your impact. Section 80G of the Income Tax Act provides a framework for eligible dona

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file trying to keep Individuals can deduct contributions only in the calendar year during which they donate. this is applicable whether the taxpayers utilize the funds or accrual approach to accounting. people who claim deductions for your personal charitable contributions need to file Every single