12A And 80G Registration Consultant In Bihar

As an NGO registration consultant, we’re excited to share this comprehensive guide on 12A & 80G registration, a crucial step for non-profit organizations in India seeking tax exemptions.

What is 12A & 80G Registration?

12A registration allows NGOs to claim tax exemptions on their income, while 80G registration enables donors to claim deductions on their taxable income for donations made to the NGO.

Benefits of 12A & 80G Registration

– Tax Exemptions: 12A registration allows NGOs to claim tax exemptions on their income.
– Donor Incentives: 80G registration enables donors to claim deductions on their taxable income for donations made to the NGO.
– Credibility: Registration enhances the credibility of the NGO, making it more attractive to donors and stakeholders.
– Transparency and Accountability: Registration promotes transparency and accountability in the NGO’s operations and financial management.

Eligibility Criteria for 12A & 80G Registration

To be eligible for 12A & 80G registration, an NGO must:
– Be registered as a Trust, Society, or Section 8 Company under the relevant acts.
– Have a valid PAN card and bank account.
– Maintain a track record of social work and compliance with statutory regulations.

Documents Required for 12A & 80G Registration

– Registration Certificate: Trust deed, society registration certificate, or Section 8 incorporation certificate.
– PAN Card: Permanent Account Number card of the NGO.
– Trust Deed/Society Bye-laws/Memorandum and Articles: Documents outlining the NGO’s objectives and rules.
– Annual Reports and Financial Statements: Audited annual reports and financial statements.
– Details of Activities: Details of the NGO’s activities and projects.

12A & 80G Registration Process

1. Prepare Documents: Gather all required documents, including registration certificates, PAN cards, and financial statements.
2. File Application: Submit the application for 12A & 80G registration, along with the required documents, to the Income Tax Department.
3. Verification and Processing: The Income Tax Department will verify the application and process the registration.
4. Registration Certificate: Upon successful registration, the NGO will receive a registration certificate.

Why Choose Our 12A & 80G Registration Services?

Our experienced team provides expert guidance and support throughout the registration process, ensuring a smooth and hassle-free experience. We help NGOs:
– Complete Registration: Ensure accurate and complete registration, reducing the risk of rejection.
– Claim Tax Exemptions: Claim tax exemptions on income and enable donors to claim deductions.
– Enhance Credibility: Boost credibility and transparency, attracting donor