Donating to charities offers tax benefits under Section 80G of the Income Tax Act. The Income Tax Department has clarified ...

Section 80G provides tax relief for sums donated to certain approved funds, charities, and similar bodies, subject to strict ...

The issue highlights that automated messages questioning donation deductions lack clarity on mismatches, forcing donors to revise returns without knowing the actual ...

This explainer breaks down how Section 80G deductions work and who can claim them. It highlights deduction categories, ...

Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the ...

Learn how to use IRS Form 4562 to claim depreciation and amortization deductions for business property. Understand the criteria, asset types, and filing process.

A donation is the actual amount of money donated to a charitable organization, trust or fund. However, a deduction is the tax ...

The One Big Beautiful Bill brought several changes to personal income taxes. Learn what you need to know for the upcoming tax season.

Taxpayers under the old regime can still claim deductions for charitable donations via Section 80G. New FAQs from the Income ...

Half advice show. Half survival guide. Half absurdity-fest. (Wait, how does this work again? We're not numbers people.) Each episode, we answer all your burning questions, from how to survive a public ...

The National Board of Revenue (NBR) has made special arrangements to facilitate the online submission of income tax returns by individuals intending to contest the upcoming national parliamentary ...