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Donation under section 80g of it act

(Querist) 04 March 2021 This query is : Resolved 
How will my donation to a charitable institute be treated? What is the limit of donation for exemption? The institute is registered to accept donations and issue certificate for claiming exemption.
Quick Summary
This discussion clarifies how donations to registered charitable institutions are treated for tax purposes under Section 80G of the Income Tax Act. It addresses questions about the limits for tax exemption and the process of obtaining a certificate from the institution to claim this benefit. Advice is given to consult a local CA or post the query on relevant forums for detailed guidance.

Guest (Expert) 04 March 2021
Post this Query in the CA Club of our same Forum
kavksatyanarayana (Expert) 04 March 2021
Yes. Consult a local CA or post this query in CAclubindia.com.


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