at last, the deduction less than section 80G cannot exceed your taxable income. such as, If the income just before deduction is Rs three lakh and In case you have presented donation of Rs 5 lakh on the Prime Minister’s countrywide Relief Fund, be sure to don't assume to claim a loss of Rs 2 lakhs. The percentage of donation qualified for deducti
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If so, you should itemize and submit agenda A with all your tax return. You should maintain records of all of your donations in the event of a achievable IRS audit. for virtually any donation over $250, you should obtain a composed acknowledgment on the donation in the charity, which includes Everything you gave. we are not able to accomplish your