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of <h1>Income Tax Act Update: New Sports Eligible for Donation Deductions Under Section 80G from 2010-11 Onwards.</h1> The Central Government, exercising powers under Explanation 4 to section 80G of the Income-tax Act, 1961, has amended a previous notification dated November 29, 2002, regarding deductions for donations to certain funds and charitable institutions. The amendment, effective from assessment year 2010-11 onwards, adds several sports to the list eligible for deductions, including Baseball, Fencing, Handball, Ice Hockey, Karate, Kayaking and Canoeing, Netball, Sepak Takraw, Snooker, Soft Tennis, Taekwondo, Triathlon, Winter Games (Skiing and Ice Skating), and Wushu.
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