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How can I claim tax deductions for charitable donations?

Curious about tax savings

How can I claim tax deductions for charitable donations?

In India, you can claim tax deductions for charitable donations made to certain specified institutions or organizations under section 80G of the Income Tax Act. To claim deductions, you need to make sure that the institution or organization is eligible for tax deductions under section 80G.

Once you make the donation, you will receive a receipt or certificate from the institution, which will have details of the amount donated and the eligible tax deduction. You need to use this receipt or certificate while filing your income tax return to claim the deduction.

It is important to note that the tax deduction available on donations is subject to certain limits and conditions, and you should consult a tax expert or financial advisor for more information on how to claim tax deductions for charitable donations.

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