Section 80G of the Indian Income Tax Act provides valuable incentives to individuals who donate to eligible charitable organizations. This section allows for a substantial tax reduction donation to charity tax deduction on donations made, making it a win-win situation for both the giver and the recipient. To effectively utilize this scheme, one mus

nonetheless, In the event the charity sells the car at a substantial discounted to the needy individual, or keeps the vehicle for its own use, You'll be able to assert a deduction for its honest industry benefit. A survey carried out by Fidelity Charitable located that about sixty seven% of donors mentioned they needed to be far more selected abou