Question

What are the charitable donations? What are the condition for following in respect of these donation?
Please tell ans

Answer 1

A charitable donation is any grant, cash or sum given by an individual or from a group of people towards a common charitable cause for the welfare of others(most generally belonging to some non profit based organisation).

There is no issue of business profit in this case and the sole objective is to bring about welfare of others. This is the main condition of such a form of service.

These are run on non profit means for organisations that too run on a non profit means. They can run in a number of services catering to the welfare of poor people, aged people or children.