Download Deduction Us. 80G of Income Tax Act, 1961 for donation file in docx format- 309 downloads

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INSPITE of all the contributions made to social causes, there is a huge gap between the demand of money from the needy and the amount donated by philanthropists. This probably, is the reason why the Government has given tax benefits on donations. The amount donated towards charity attracts deduction under section 80G of the Income Tax Act, 1961. Section 80G has been in the law book since financial year 1967-68 and it seems itâ€™s here to stay. Several deductions have been swept away but the tax sop for donations appears to have survived the axe. The main features of tax benefit with respect to charity are as follows: #docx

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Submitted by Samkit Kothari · Posted 12 January 2015 · Other files by Samkit Kothari · Report

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