Section 80g of the Income Tax Act, 1961 licenses benefactors to Societies Registered U/s 80g profits of pay responsibility exclusion on their present. All NGO ought to try and get enlistment under section 80g.
Location 80g of the Earnings Tax Act equips an Income Tax Payee to assert conclusively for gifts made by them to specific association. This conclusion is accountable for particular conditions.
The measure of discovering relies on:-.
a). To whom the gift has been made.
b). Measure of present. They are exempted from 100 % to half of the measure of the present.
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