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Income Tax Deduction for Donations

Income Tax Deduction for Donations

Fund Contributions which is made to few relief funds & charitable institutions can be claimed as a deduction under the Income Tax Act -Section 80G. Donations which are made to prescribed funds qualify as a deduction. This deduction can be claimed by any taxpayer like individuals, company, firm or any other person. Who Can Claim Income Tax Deduction For Donations Under Section 80G? Any taxpayer whether he/she is resident or… Read More »Income Tax Deduction for Donations