LEVERAGING TAX BENEFITS FOR CHARITABLE DONATIONS UNDER SECTION 80G

Section 80G of the Indian Income Tax Act provides valuable advantages to citizens who give to eligible charitable causes. This section allows for a significant tax deduction on donations made, making it a win-win situation for both the giver and the organization. To effectively utilize this scheme, one must comprehend the various requirements laid

you may generate an expense account which include Goodwill Donations, then history the donation as being a payment as part of your register. Hope that helps! firms will have to also have an understanding of whether or not they can deduct donations on their own business tax returns. in the event you donate products or services from the name of a co