MAXIMIZING YOUR IMPACT: CHARITABLE DONATIONS UNDER SECTION 80G

When considering charitable contributions, understanding the tax benefits offered under Section 80G can significantly influence your decision-making process. This section of the Income Tax Act provides deductions for donations made to eligible organizations, thereby boosting the financial impact of your generosity. By carefully selecting recipients

establish whether or not to record donated companies. Generally, donated companies will not be recorded as donated assets. Therefore although you need to file donations of items like toys and apparel, you wouldn't necessarily file donated companies or any donated use of facilities. Child marriage, trafficking and online predators are other risks U