Tax Exemption Under Section 80G

Philanthropy is not only a means to bring about change in society but also provides an opportunity to reduce your taxable income. The Government of India provides tax benefits under Section 80G of the Income Tax Act to encourage donations to registered organizations.

What is Section 80G?

Section 80G of the Income Tax Act allows individuals and companies to claim deductions for donations made to eligible organizations. This deduction reduces the donor's taxable income, providing them with a financial benefit while supporting social welfare.

Tax Benefits for Donations to Darpan Seva Foundation

Darpan Seva Foundation is a registered NGO under Section 12A and approved under Section 80G of the Income Tax Act (Registration Number: MU/0001183/2023). This ensures that all eligible donations made to the Foundation qualify for tax exemption.

By contributing to Darpan Seva Foundation, you are not only supporting initiatives such as medical services, education support, and sports development, but also reducing your taxable income. The Foundation is committed to using your contribution to make a positive and lasting impact in society.

Eligibility for Tax Exemption

Individuals, Hindu Undivided Families (HUFs), and companies can claim deductions under Section 80G if they:

• Donate to registered and recognized charitable organizations like Darpan Seva Foundation.
• Provide proper documentation such as donation receipts issued by the organization.
• Make donations through non-cash modes for amounts exceeding ₹2,000.

Documents Required for Claiming Tax Benefits

To claim tax benefits under Section 80G, you will need the following documents:

• Donation Receipt: A stamped receipt from Darpan Seva Foundation that includes the donor's name, donation amount, organization's PAN, and Section 80G registration details.
• Certificate: The Foundation's 80G certificate details for verification.

Limits on Tax Exemption

The limit of deduction depends on the type of donation:

• 100% deduction limit donations, such as contributions to the Prime Minister's Relief Fund.
• 50% deduction limit donations, which apply to many charitable organizations including Darpan Seva Foundation.
• Some donations may be subject to a maximum limit of 10% of the donor's adjusted gross income.

Steps to Claim Tax Benefits

Follow these steps to claim your tax benefits:

1. Donate to Darpan Seva Foundation through approved payment modes.
2. Receive your donation receipt and ensure it includes all necessary details.
3. File your income tax return, mentioning the donation amount under Section 80G deduction.
4. Keep the receipt and other documents in your records in case of tax audits.

Why Donate to Darpan Seva Foundation?

At Darpan Seva Foundation, we ensure that your donation is used transparently and effectively for initiatives that bring meaningful change. With tax exemption under Section 80G, your contribution makes an even greater impact.

For any questions about tax exemption or the donation process, please contact us.