Charitable giving can make a significant impact on society. However, many individuals are unaware of the deductible advantages available to them when they contribute to eligible causes. Section 80G of the Indian Income Tax Act is a clause that offers significant tax relief for donations made to recognized charitable entities. Understanding this s

obtain a receipt or some type of composed acknowledgement with the charity and retain a cancelled Examine or charge card receipt. Under the regulation, Particular recordkeeping procedures apply to any taxpayer declaring a deduction for just a charitable contribution. Editorial Be aware: We earn a commission from lover backlinks on Forbes Advisor.