Donations play a pivotal role in supporting various charitable causes and contributing to the societal growth. Section 80G of the Indian Income Tax Act provides tax benefits for donations made to eligible organizations. Comprehending the nuances of Section 80G is crucial for both donors and recipients, ensuring fairness in charitable giving. This s

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If you propose to claim itemized deductions for charitable contributions on the tax return, the deduction limit has reverted again to your maximum of 60% of one's AGI. As noted above, the precise share you could claim is motivated by the kind of contribution. Get a receipt or some sort of written acknowledgement from your charity and retain a canc