Section 80G
Definition
A deduction for donations to specified funds and charitable institutions in India, available at either 50% or 100% of the donation depending on the recipient, sometimes subject to a qualifying-amount limit.
Related Terms in India GST
Form 10E
A form filed to claim relief under Section 89 of India's income-tax law when salary is received in arrears or in advance, spreading the tax effect so the taxpayer is not pushed into a higher bracket by the lump sum.
GSTR-1A
An amendment facility that lets a supplier correct or add details to a GSTR-1 for a tax period before the corresponding GSTR-3B is filed, so outward-supply data can be fixed without waiting for a later period.
GST Late Fee
A fee charged for filing a GST return after its due date, accruing per day up to a cap that depends on the return and the taxpayer's turnover. It is separate from interest on unpaid tax.
GST Interest
Interest payable on GST paid late or on excess input tax credit wrongly claimed and utilised, charged at the notified rate from the due date until payment. It is distinct from the late fee for delayed filing.
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