Tag Archives: section 80g

Tax Exemption for Donation Under Section 80G

November 12, 2009

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In this article I will be writing about the tax exemption on donations and how to calculate the maximum eligible amount for the tax exemption.  I have received many queries from the readers about the limitation of tax exemption on donation, i thought it is worth writing the another article on the same topic. You [...]

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Income Tax Exemption on Donations (NGO) under Section 80g

February 1, 2009

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In this blog I will be writing about the Section 80g which presents the laws for tax exemptions on donations and fund spent on the NGOs. You will get the tax exemptions benefits when there is a donation for NGO’s. This law would encourage people to donate more fund for NGO’s and most of the [...]

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Income Tax Exemption and Rules on Gifts as Income of Source

January 19, 2009

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In this blog post I will be writing about the Income Tax rules related to the Gifts received by a person. There is many rules on receiving the Gifts based on the gifts nature and from whom the person has received the gift. The Income Tax Act 1961 has made change to the rules in [...]

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