What is Section 80G and how does it help save income tax under the old tax regime?
By donating to eligible institutions and organisations, taxpayers can claim deductions ranging from 50% to 100% of the amount ...
Tax saving on donation: Donated to Ayodhya Ram Mandir? You can claim up to 50% deduction
Section 80G of the Income Tax Act allows individuals, companies and firms to claim tax deductions on donations made to ...
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How to avail donation benefits for taxes
A tax deduction or advantage does not apply to any in-kind contributions, such as clothing, food, or medications. A tax ...
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Maximize Your Tax Savings: Last Chance to Avail 50% Deduction on Donations to Ram Mandir
As the financial year 2024-25 draws to a close, taxpayers still have a golden opportunity to reduce their tax liabilities ...
Donations to Ayodhya Ram Mandir can help you save taxes: Here is how
Donations for Ayodhya Ram Mandir can help you save on taxes under Section 80G of the Income Tax Act.
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Ram Mandir Donations Tax-Deductible Under Old Regime: 50% deduction (max Rs 2,000 cash) via Section 80G.
Donations to the Ayodhya Ram Mandir may qualify you for an income tax deduction under the old I-T regime. Individuals who ...
Large-scale tax fraud busted by Income Tax department
Income Tax Department uncovers large-scale tax fraud in Tamil Nadu, involving PSUs, corporates, and tax consultants, evading crores in taxes.
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ITAT Mumbai Allows CSR Deduction Under Section 80G
Mumbai has upheld the order of the Commissioner of Income Tax (Appeals) [CIT (A)] in the case of ACIT vs. Jamnagar Utilities and Power Pvt. Ltd., allowing deduction under Section 80G for Corporate ...
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ITAT Surat Allows Rectification of Form 10AB for Section 12A/12AB registration
ITAT Surat reviewed appeals filed by Swaminarayan Gadi Trust against the rejection of its applications for tax exemption under Sections 12A/12AB and 80G(5) of the Income Tax Act, 1961. The trust had ...