Tax deductions on Donations

Tax deductions on Donations Section 80 G of the Income Tax Act allows tax deductions on donations, that are made to any charitable trust. One of the best ways to save money while doing their bit for contributing to the…

Section 80TTA Deduction

Section 80TTA Deduction Section 80TTA is a facility in the Income Tax Act that provides deductions for income from bank deposits. The section has been introduced with effect from 01.04.2012. The maximum deduction can be claimed under this section is…