EXPLOITING TAX BENEFITS FOR CHARITABLE DONATIONS UNDER SECTION 80G

Section 80G of the Indian Income Tax Act provides valuable benefits to taxpayers who donate to eligible charitable causes. This clause allows for a substantial tax deduction on donations made, making it a win-win situation for both the contributer and the recipient. To effectively utilize this scheme, one must understand the various requirements la

inventory gift donation receipt. A inventory gift donation receipt particulars the gift of stock shares of an organization. The receipt need to include the quantity of shares and the corporation’s name but shouldn't area a financial worth to the shares. corporations need to also understand whether they can deduct donations on their own business