80G

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Section 80G and Section 80GGA-How do these help you?

By | 2017-03-18T18:13:48+00:00 March 17th, 2017|How To, Income Tax, Latest News|

When The Income Tax Act, 1961 was formulated, there was left some space for accommodating exemptions in case some individual funds are being donated. In 1967, Section 80G came up; this section allows the use of private money for the social welfare programs and also offers tax rebate on the amount donated. Transactions that are [...]

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