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  >  NGO Registration

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Commissioner of Income tax of respective jurisdiction has power to grant certificate of registration under section 12A/80G. As per Income tax Act, 1961, Commissioner of income tax has power to demand documents related to charitable/religious activities of trust. For getting registration under section 80 G , firstly we need to get registration under section 12A. We need to file From 10A and Form 10G for getting registration under section 12A and 80G respectively.

Following documents are required to be uploaded on Income tax portal :-

  1. Documents evidencing creation of trust( Trust deed/MOA)
  2. Audited Financial Statements along with audit report & ITRs since inception or last 3 years
  3. Note on activities of charitable/religious trusts

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Benefits of NGO Registration

No Income taxes

Donation received by NGOs will be exempt from tax if registered under section 12A of Income Tax act,1961.

Funding from foreign Individuals/Institutions

NGOs that are registered under Income Tax Act are in advantageous position for getting funding from foreign Individuals/Institutions. Foreign Individuals/Institutions give preference to NGOs registered under Income Tax Act.

Tax exemption to Donor

If NGO is registered under section 80G of Income Tax Act,1961, then Donors can get tax deduction of 50% of amount donated while computing the taxable income.

Corporate social Responsibility

Funds can be received from corporates under section 135 of companies act 2013 which obliged them to contribute certain percents of profits to social cause.

Process

Step 1

OBTAINING ALL THE DOCUMENTS FROM THE USER.</p> <p>(List of all the documents required will be provided to the clients via mail)

Step 2

SIGN UP/LOGIN ON INCOME TAX PORTAL

Step 3

FILING OF FORM 10A/10G AND UPLOADING DOCUMENTS

Step 4

UPLOADING OF ADDITIONAL DOCUMENTS IF DEMANDED BY JURISDICTIONAL COMMISSIONER.

Frequently Asked Questions

Is it mandatory to get registration under section 12A/80G of Income Tax Act,1961?

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It is not mandatory to get registration under section 12A/80G of Income Tax Act,1961. For the purpose of getting tax exemption, Charitable/Religious trusts need to get registration under section 12A. Commissioner of Income tax is empowered to grant registration certificate under section 12A of Income tax Act,1961.

For the purpose of passing on benefits to the Donors, Trusts need to get registered under section 80G of Income Tax Act,1961. Donors will be able to get tax exemption (50% of amount donated) only if amount is donated to trusts registered under section 80G.

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Who can audit the accounts of the trust for the the purpose of Section 12A?

Chartered Accountant is authorised to carry out the audit of trust for getting exemption under section 12A.

What is the time limit for processing an application made for getting registration under section 12A?

An Application has to be processed within six months from the end of the month in which the application is made.

What will be the consequences in case an application is not processed within six months?

If application is not processed within six months time period then it will be treated as deemed grant of registration.

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