Law · Tax (Direct)
Section 80G Income Tax Act — Donations — Deduction
Deduction for donations to approved charitable institutions — 50% or 100%. (Income Tax Act, 1961)
Pronunciation: 🇺🇸 US
/ˈsɛkʃən ʤi ˈɪnkəm tæks ækt doʊˈneɪʃənz dɪˈdəkʃən/ 🇬🇧 UK/ˈsɛkʃən ʤi ˈɪnkəm tæks ækt dəʊˈneɪʃənz dɪˈdəkʃən/Definition
Deduction for donations to approved charitable institutions — 50% or 100%. (Income Tax Act, 1961)