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 deductions on their contributions made to eligible institutions. These incentives aim to motivate individuals and organizations to contribute towards donation to charity for
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In the event the charity sells the vehicle at an important low cost into a needy particular person, or retains the car for its very own use, then you can declare a deduction for your car’s good sector price. The sum paid to your general public sector firm, community authority or an accredited association or institution which carries out projects