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Income tax. NPO Taxation. PAN / TAN. Permanent Account Number (PAN) Form 49A Apply before filing return 7-10 days Tax Deduction Account Number (TAN) Form 49B Apply when deducting Tax. 12A Exemption Conditions. Charitable activities Minimum spending 85%

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Pan tan
PAN / TAN

  • Permanent Account Number (PAN)

    • Form 49A

    • Apply before filing return

      • 7-10 days

        Tax Deduction Account Number (TAN)

    • Form 49B

    • Apply when deducting Tax


12a exemption conditions
12A Exemption Conditions

Charitable activities

Minimum spending 85%

Arm’s length transactions with key persons

Keeping funds in approved modes

Filing tax return annually






Audit report
Audit Report








The charitable trunk
The Charitable Trunk

12A

80G

10(23)(c)

35AC

Donor Incentives

I Tax Exemption

Charitable Purpose



Dealing with 2 15
Dealing with 2(15)

  • Ensure business is

    • Incidental

    • Gross revenue ≤ 25 lakh

  • If not, spin off as a separate organisation

  • Form of organisation?

    • For-profit forms

    • NPO w/o tax exemption


Incidental business
Incidental Business

  • Incidental?

    • Only activities connected with main objects

  • Gross Business Turnover

    • Any amount for first five categories

    • ≤ 25 Lakh for Sixth Category


Business accounting audit
Business: Accounting/ Audit

  • Separate books of account – sec. 11(4A)

  • Attach Audited P&L A/c

  • Transfer profit to main I&E A/c

  • Form 3CD audit report if

    • Fees Turnover > 25 lakh

    • Sale Turnover > 1 crore


Further reading
Further Reading

Accountable 15 : Basics of Tax Registration

Accountable 16 : Income Tax Return

Accountable 91 : Income Tax Exemption

Accountable 141 : Charitable purpose and Income Tax

Auditable 2 : Charitable Purpose - 1

Auditable 3 : Charitable Purpose - 2

Accountable 142 :Eleventh Commandment

Accountable 143 : Taxation Tricks and Traps

Auditable 12 : Taxing NGO Programs Outside India


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