The application was rejected only on limitation without examining merits. The Tribunal ruled that bona fide delay must be condoned and eligibility under section 80G(5) examined ...

Section 80G of the Income-tax Act, 1961, allows taxpayers to save tax by donating money to eligible charitable institutions. By donating to eligible institutions and organisations, taxpayers can claim ...

The Tribunal held that CSR expenditure disallowed under Section 37 does not bar deduction under Section 80G. Donations to eligible institutions remain deductible unless specifically excluded by ...

Income Tax deduction on donation: Do you give donations to charitable institutions? If yes, you can claim a tax deduction under Section 80G of the Income Tax Act, 1961. The IT department has released ...

The Income Tax Department has issued a new set of FAQs to resolve uncertainties around tax deductions for donations under Section 80G of the Income Tax Act, 1961. The FAQs shed light on what counts as ...

On March 31, the Centre announced that donations to the PM CARES Fund (Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund) will get tax breaks under Section 80G of the Income ...

This is the primary provision for claiming deductions on donations made to designated charitable institutions or funds. The deductible amount can vary based on the type of institution and the nature ...

Using the deductions available under Section 80G, taxpayers can save tax while doing some good work. Section 80G of the I-T Act allows donations made to specified relief funds and charitable ...

Taxpayers opting for the old tax regime can continue to claim deductions on donations made to eligible charitable organisations under Section 80G of the Income Tax Act, 1961. To clarify how such ...

Charity is another method for saving tax in India. Sections 80G, 80GGA, 80GGB, and 80GGC cover provisions that make your donations tax deductible. Tax breaks on political donations are offered in two ...

We had nothing but love for the 40Gbps 1M2, so were certainly not going to complain that it’s now the 80Gbps 1M2 80G. It ain’t cheap, but it’s easily the fastest external SSD we’ve seen. In my review ...