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

5 months ago

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.
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