Section 80G deduction of the Income Tax Act is allowed for amount paid by the taxpayer as donation to any fund or institution or charitable Trust. All donations are not treated equally under Income Tax Act. Donations to certain funds and institutions qualify for 100% or 50% deduction without any qualifying limit. On the other hand, certain donations qualify for 100% or 50% deduction, subject to qualifying limit.
Qualifying limit can be calculated as 10% of adjusted gross total income. To calculate adjusted gross total income, use the tool provided below.
While making an income tax deduction, ensure that the following conditions are fulfilled to make the donation eligible for deduction under Section 80G.
Donations to the Government or to any such local authority, institution or association as may be approved in this behalf by the Central Government, to be utilised for the purpose of promoting family planning are entitled for 100 percent deduction subject to qualifying limit of 10 percent of adjusted gross total income.
IndiaFilings.com is India's largest online business services platform dedicated to helping people easily start and manage their business, at an affordable cost. Our aim is to help the entrepreneur on the legal and regulatory requirements, and be a partner throughout the business lifecycle, offering support at every stage to ensure the business remains compliant and continually growing.
IndiaFilings.com partners with a network of experienced Chartered Accountants, Company Secretaries, Lawyers, Cost Accountants, Chartered Engineers, Ex-Bankers and Financial Experts across India to provide a comprehensive range of services for small and medium sized enterprises.
IndiaFilings is a Google Partner. Google Partners are tasked with helping businesses market their service or products online.Google Partner
IndiaFilings is ISO 9001:2008 Certified by TUV SUD, a leading Certification Body recognized worldwide.TUV ISO Certified
IndiaFilings.com is a winner of Red Herring Top 100 Asia Award. Red Herring recognizes promising companies from across the world.Red Herring Award
IndiaFilings is a CRISIL Verified Business. CRISIL is a subsidiary of Standards & Poor, a leading International Rating Agency.CRISIL Verified
450+ in-house team members with a network of over 6000+ Professionals.
Get support through phone, email, mobile app or live chat - 24/7, 365 days.
Easily pay online with EMI payments, credit or debit card, net banking, PayPal and more.