https://www.taxtmi.com/manuals?id=903 Deduction under Section 80G allows taxpayers to claim full or 50% income-tax deductions for monetary donations to specified funds and institutions, subject to qualifying limits, documentation and approval requirements. Eligible donees must satisfy conditions on charitable purpose, registration, non-transferability of assets to non charitable uses, separate accounting for business income, reporting obligations and issuance of donor certificates. Donations are subject to a cash-payment ceiling, capped aggregate limits related to adjusted gross total income, and inability to claim the same sum under other provisions; donees must apply for initial or renewed approval under prescribed timelines and may receive provisional approval. en-us Wed, 12 Aug 2015 18:31:00 +0530 Mon, 02 Sep 2024 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=903 Deduction under Section 80G allows taxpayers to claim full or 50% income-tax deductions for monetary donations to specified funds and institutions, subject to qualifying limits, documentation and approval requirements. Eligible donees must satisfy conditions on charitable purpose, registration, non-transferability of assets to non charitable uses, separate accounting for business income, reporting obligations and issuance of donor certificates. Donations are subject to a cash-payment ceiling, capped aggregate limits related to adjusted gross total income, and inability to claim the same sum under other provisions; donees must apply for initial or renewed approval under prescribed timelines and may receive provisional approval. Manuals Income Tax Wed, 12 Aug 2015 18:31:00 +0530 https://www.taxtmi.com/manuals?id=903