Donations play a pivotal role in supporting various charitable causes and contributing to the societal advancement. Section 80G of the Indian Income Tax Act provides tax exemptions for donations made to eligible organizations. Comprehending the nuances of Section 80G is essential for both donors and recipients, ensuring fairness in charitable givin

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from the tax efficiency standpoint, donating appreciated belongings is often far more effective than donating funds. By doing so, taxpayers can reduce the funds gains tax liability related to offering the asset, though nevertheless professing a charitable deduction. due to the fact the vast majority of non-earnings can’t get donations of invento