Giving back to your community is a rewarding experience, and it can be a smart financial move. By making charitable donations, you can reduce your tax obligation. Consider donating to qualified organizations like charities, religious groups, or educational institutions. These contributions are often tax-deductible, allowing you to save money while
Quantum of Deduction: The companies can assert 100% of donations paid to political get-togethers or electoral have faith in is allowed as deduction u/s 80GGC so as to Enhance the brand name and company graphic, administration decides to give back again to the Group. there are lots of kinds of contribution including cash donation, items donation, a
A fund or establishment is notified for deduction in accordance with Section 80G(5). The assessee should Test the validity with the registration granted towards the donee below Section 80G(five), which can also be confirmed from an utility provided by the Income-tax Dept. The restriction will have to protect the complete exterior of your making (w