TAX BENEFITS OF CHARITABLE DONATIONS UNDER SECTION 80G

Charitable donations in India are recognized as a worthy act and are encouraged by the government. Under Section 80G of the Income Tax Act, 1961, donors are entitled to certain reliefs on their contributions made to eligible trusts. These perks aim to motivate individuals and organizations to contribute towards the social well-being of the country.

Now that you've designed an account and a product/company product, another action is usually to challenge a credit memo for the value of the donation. So once you examine “in lieu of flowers”, you could interpret it as “in lieu of bouquets, make sure you donate” or “instead of sending bouquets, donation to charity receipt you should dona