income tax deduction

Others 184 views 3 replies
how to avoid tax from donation
Replies (3)

Please elaborate your quarry

you need to contribute towards only to those charitable institution to whom 80G is applicable.
you get three way benefits by giving donations
first, 100% deduction from total income of donations paid without any restrictions
second , 50% deduction of amount paid for donations from total income without any restrictions
third, deduction restricted to 10% of adjusted total income
agreed with giridhar sir


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