Section 80G explained: CBDT issues FAQs on ITR donation deductions; what taxpayers should know

Taxpayers under the old regime can still claim deductions for charitable donations via Section 80G. New FAQs from the Income Tax Department detail verification processes, emphasizing donor-donee data matching. Remember, cash donations over Rs 2,000 are ineligible, and this benefit isn't available under the new tax regime.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/pe9iubI

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