Now that you've got produced an account and an item/service merchandise, the subsequent stage is to concern a credit memo for the value of one's donation. In the event your nonprofit does fundraising, you'll likely get items which might be Employed in a silent auction or bought in the raffle. But How will you address these donations with your acco
The donation really should be manufactured only to specified resources / institutions. No deduction shall be allowed less than this part in regard of donation of any sum exceeding Rs. 2,000 unless such sum is paid out by any manner in addition to cash. For availing deduction under this portion it truly is obligatory on the part of the assessee to c
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