80G Certification Services refer to the process of obtaining Section 80G certification under the Income Tax Act, 1961, for charitable organizations. This certification allows donors to claim a tax deduction on donations made to eligible organizations.
Once an organization is granted 80G certification, it can issue 80G receipts to donors, who can then claim deductions on their taxable income for the contributions made. The tax benefits for donors vary, with some donations qualifying for a 100% deduction and others for 50%, depending on the type of organization and the nature of the donation.
The process to obtain 80G certification involves submitting an application to the Income Tax Department, along with supporting documents about the organization’s activities, finances, and its compliance with charitable purposes. Once the certification is granted, the organization can attract more donations by offering tax relief to its donors.
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