When you contribute to non-profit organizations in India, you not only make a positive impact on society but also gain potential tax perks. This is where Section 80G of the Indian Income Tax Act comes into play. It allows for deductions on your taxable income when you donate to qualified institutions. To maximize your tax reductions, it's crucial t
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You may use the receipt from your charity to substantiate your claim. don't try and use the fair market value Except among the following circumstances apply: (one) rather than promoting the motor vehicle, the charity keeps and makes use of it, (2) the charity can make enhancements to the car prior to providing it, (three) your car is offered at a d