TAX BENEFITS OF CHARITABLE DONATIONS UNDER SECTION 80G

Tax Benefits of Charitable Donations under Section 80G

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 perks aim to motivate individuals and organizations to contribute towards the social

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donation to charity journal entry for Dummies

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