what are the charitable donations? what are the conditions for allowing in respect of these donation?
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Charitable donations are money given to charitable, philanthropic, and certain class of educational institutions by people.
Explanation:
Such donations are meant to encourage research, help those in need, and for the general upkeep of such institutions.
The Government of India encourages such donations but with certain restrictions to avoid misuse of funds by the donor. During each tax-year a maximum limit is fixed by the government above which donations cannot be made to institutions. Only certain institutions are eligible to accept such funds.
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