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80G and 12A Provisional


80G and 12A Provisional

Section 80G

Section 80G of the Income Tax Act provides deductions for donations made to charitable organizations. To obtain 80G certification, organizations need to apply to the Income Tax Department. Here are some documents that may be required:

  1. Registration Certificate: A copy of the organization’s registration certificate under the relevant provisions of the law, such as the Trusts Act or the Societies Registration Act.(Telangana,Andhra Pradesh)

  2. Trust Deed or Memorandum of Association: Copies of the trust deed or memorandum of association, which outlines the organization’s objectives and activities.

  3. PAN Card: Permanent Account Number (PAN) of the organization.

  4. Audited Financial Statements: Audited financial statements for the last few years to show the organization’s financial health and proper utilization of funds.

  5. Details of Donations: Details of donations received, including names, addresses, and PAN details of donors.

  6. Project Reports: Project reports describing the activities for which donations will be used and their charitable nature.

  7. Form 10G: Application in Form 10G for seeking approval under Section 80G.

  8. Any Other Relevant Documents: Any other documents that the Income Tax Department may require.

Section 12A

Section 12A deals with the registration of charitable organizations, allowing them to claim tax exemptions. Here are some documents that may be needed:

  1. Application in Form 10A: Application for registration under Section 12A in Form 10A.

  2. Trust Deed or Memorandum of Association: Copies of the trust deed or memorandum of association.

  3. Registration Certificate: Copy of the registration certificate under the relevant law.

  4. PAN Card: Permanent Account Number (PAN) of the organization.

  5. Audited Financial Statements: Audited financial statements for the last few years.

  6. Activities and Objectives: Detailed description of the organization’s activities and objectives.

  7. Books of Accounts: Books of accounts, receipts, and expenditure statements.

  8. Any Other Relevant Documents: Any other documents that the authorities may require.

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Radhika
Radhika
1 year ago

Dear Laxmi Thanks For Generating 80G and 12A and Given Good knowledge

Naryana
Naryana
1 year ago

NGO services best plaform

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