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Exception 1—Contribution outdoors three-12 months time period. This disallowance isn't going to apply When the experienced conservation contribution is made not less than three several years immediately after the latest of: Example. You lead voting stock to a qualified Group but preserve the appropriate to vote the stock. the ideal to vote is a
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eventually, the deduction below area 80G cannot exceed your taxable income. as an example, In the event your income right before deduction is Rs three lakh and When you've got specified donation of Rs 5 lakh to your Prime Minister’s National Relief Fund, remember to do not count on to claim a loss of Rs 2 lakhs. where by the payment isn't proved