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Political Donation Exposed 🚨 Section 80GGB and 80GGC of the Income-tax Act, 1961 mainly deals with donations and contributions made by an individual taxpayer and Indian Companies towards political parties. The electoral bonds made by individuals or entities were tax-exempt under Section 80GG and Section 80GGB under the Income Tax Act, 1961. Political parties could accept the donations as per the provisions of Section 13A of the Income Tax Act. Both individuals and companies can claim deduction

Political Donation Exposed 🚨 Section 80GGB and 80GGC of the Income-tax Act, 1961 mainly deals with donations and contributions made by an individual taxpayer and Indian Companies towards political parties. The electoral bonds made by individuals or entities were tax-exempt under Section 80GG and Section 80GGB under the Income Tax Act, 1961. Political parties could accept the donations as per the provisions of Section 13A of the Income Tax Act. Both individuals and companies can claim deduction

5.6K views10 months ago

FacebookFiknown

How Section 80G, 80GGA, 80GGB, and 80GGC of Income Tax Act can help you save up to 100% of the amount on political, charitable, philanthropic donations

How Section 80G, 80GGA, 80GGB, and 80GGC of Income Tax Act can help you save up to 100% of the amount on political, charitable, philanthropic donations

#2 Deductions u/s 80C,80CCC,80CCD and 80CCE || Deduction on Certain Investments

#2 Deductions u/s 80C,80CCC,80CCD and 80CCE || Deduction on Certain Investments

10.4K viewsMay 22, 2021

YouTubeCA Ashish Varwani

#6 Sec 80G Deductions for Donations || 80GGA 80GGB 80GGC

#6 Sec 80G Deductions for Donations || 80GGA 80GGB 80GGC

1.9K viewsMay 25, 2021

YouTubeCA Ashish Varwani

Section 80GG,80GGA,80GGB,80GGC,80IA,80IAB,80IAC,80IBA,80JJA,80JJAA,80LA,80PA,80QQB,80RRB,80TTA,80TTB

Section 80GG,80GGA,80GGB,80GGC,80IA,80IAB,80IAC,80IBA,80JJA,80JJAA,80LA,80PA,80QQB,80RRB,80TTA,80TTB

9.2K viewsOct 6, 2020

YouTubeCMA Junction

Income Tax Deduction u/s 80U | Tax Deduction for Disabled Individuals in Hindi | Section 80DD

Income Tax Deduction u/s 80U | Tax Deduction for Disabled Individuals in Hindi | Section 80DD

10.7K viewsAug 9, 2020

YouTubeCommerce Wale

Live - Fill Schedule 80GGC in Income Tax Return | Claim deduction u/s 80GGC in ITR AY 2021-22

Live - Fill Schedule 80GGC in Income Tax Return | Claim deduction u/s 80GGC in ITR AY 2021-22

23K viewsAug 8, 2021

YouTubeCommerce Wale

Section 80GG Deduction for Rent Paid | Income Tax Returns | Income Tax Refunds

3.1K viewsSep 28, 2020

YouTubeClear from ClearTax

Live - Fill Schedule 80G in Income Tax Return | Claim deduction u/s 80G in ITR AY 2021-22

58.9K viewsJul 20, 2021

YouTubeCommerce Wale

Income Tax Deductions | Section 80TTB | 80D | 80G | 80GGB | 80U | 80TTA | 80RRB | 80GGC | Taxpundit

115.6K viewsJan 8, 2019

YouTubeTax Pundit

Section 80G & 80GGA of Income Tax Act | Income Tax deduction for Donations in Hindi

12.6K viewsSep 7, 2020

YouTubeCommerce Wale

Tax Exemption for Donation under section 80G | Cash Donation | Limit of Donation u/s 80G | Taxpundit

66.6K viewsNov 4, 2019

YouTubeTax Pundit

Anubhav Gupta | Finance with Anubhav on Instagram: "💡✨ Must-Know Tax Deductions to Save Big! Maximize your savings with these essential tax sections: 🔵 Section 10(5) - Leave Travel Allowance (LTA): Claim for 2 domestic trips in a 4-year block. Covers you, your spouse, kids, dependent parents, and siblings. Deduction: Actual travel cost or LTA provided, whichever is lower. 🔵 Section 80DD - Medical Expenses for Disabled Dependents: Disability 40%-79% = ₹75,000 deduction. Disability 80%+ = ₹1,25

8.2K views1 week ago

Anubhav Gupta | Finance with Anubhav on Instagram: "💡✨ Essential Tax Deductions You Should Know! Here’s a breakdown of key tax-saving sections that can help you save big: 🔵 Section 10(5): Leave Travel Allowance (LTA) Claim for 2 domestic journeys in a 4-year block. Covers self, spouse, kids, dependent parents, siblings. Deduction: Actual travel cost or employer-provided LTA, whichever is lower. 🔵 Section 80DD: Medical Expenses for Disabled Dependents Disability 40%-79% = ₹75,000 deduction. Di

2.3K views1 month ago

Instagramfinancewithanubhav_

Kaushal Pandey|Finance on Instagram: "✨Section 80GGC provides for tax deductions with respect to donations made by taxpayers towards political parties or any electoral trusts. Section 80GGC of the Income Tax Act was introduced to bring about transparency in electoral funding and free it from corruption. It also encourages individuals to financially support the political system and claim tax deductions against such donations to lower their tax liability. Section 80GGC deduction limits ✨There is a

15.9K views11 months ago

Instagramkaushaltalks

Yint Money | Financial Growth on Instagram: "Section 80GGC of the Income Tax Act allows individuals to claim deductions for donations made to political parties. Here’s an example: Let’s say an individual earns 8 lakh rupees per annum (LPA) and donates 50,000 rupees to a political party. To calculate the tax benefit under section 80GGC: Compute the taxable income after deducting the donation amount: Taxable Income = Total Income - Donation Amount = 8,00,000 - 50,000 = 7,50,000 rupees Determine th

16.8K views8 months ago

Twinkle jain on Instagram: "A lot of people and companies (~85,000) who were using Section 80GGB and 80GGC to save tax by transferring money to bogus political party have been sent notice by income tax department . Such intermediaries are specifically formed for the purpose of layering funds through their bank accounts without carrying out any business activities. and basically, if someone If proven that these transfers were made toarty, evade tax then these individuals will have to pay tax, int

590.9K viewsApr 12, 2023

Instagramca.twinklejain

Cash transaction limit as per the new law in India

8 viewsOct 29, 2019

DailymotionTax4Wealth

#13 Deductions from GTI || Section 80GGB | Section 80GGC

1.6K viewsApr 28, 2023

YouTubeSameer Pandey

Income Tax- Deductions - Section 80G, 80GGB, 80GGC & 80GGA

1.5K viewsMar 31, 2020

YouTubeCA Smit Shah

Tax Deductions for Salaried Person - PART 2

4.6K views8 months ago

YouTubeTax Effects

80GGC Deduction on Donation to Political Parties

9.2K viewsJun 8, 2018

YouTubeH&R Block India

80GGC of income tax

40 viewsApr 24, 2023

YouTubeKeep Growing

177. Deduction u/s 80GGA, 80GGB, 80GGC, 80JJAA & 80QQB

5.8K views10 months ago

YouTubeStudy At Home

Deductions under Section 80C || Income tax

61 views11 months ago

YouTubeRenu- the Educator

179. Practical Problem & MCQ | Deduction | Income AY 2024-25

3.3K views10 months ago

YouTubeStudy At Home

Deduction U/S 80C to 80U| Chapter VIA Deduction from Gross Total Income.

39.8K viewsMay 18, 2022

YouTubeConceptual Study Point

#incometax #notice #80ggc

YouTubeYogesh Kumar

Corporate Tax Planning - Lession 2 ll Part 2 ll B.com (H) SOL July 2020 Exam ll DU ll Unit 1

2.6K viewsJun 25, 2020

YouTubeINDUS EDUCATION ACADEMY

Sec 80TTB📃 #tax #seniorcitizens #shorts

218 views5 months ago

YouTubeYES Academy for CS

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