Online 12A Registration and Online 80G Registration - We Legalize

1. 12A & 80G Registration Certificate

2. 12A & 80G Registration certificate 80g is a certificate that is granted to certain Non-for profit organization by the income tax department or granting their donors the ability to avail of a tax donation and deduction. The non- profitable institutions and NGO’s with 12A are eligible for 80g certification. NGO can be benefited by the exemption from paying income tax by getting it registered and complying with certain other formalities. But Without 12A registration and 80G registration certificate, NGO cannot provide any benefit to the person making a donation. The Income-tax act 1961 has certain provisions which in return offer tax benefits to donors. All NGO's should not avail the advantages of these provisions in order to attract donors. An NGO can get the benefits of exemption under the income tax act and for availing such exemption it needs

3. to 12A registration & 80G registration of the income tax act. If any donor let it be an individual, firm, company or any person making a donation to NGO that is registered under 80G, get the deduction of about 50% from their taxable income and some may also qualify at the rate of 100%. 12A registration is one time but has the validity of a lifetime. NGO that is registered under 12A claims exemption of Income Tax. A newly registered NGO can apply for both types of registrations. Application for the registration under 80G Certificate and 12A Certificate can be applied separately and can be applied together also.

4. Benefits of Registration Under section 12A Certificate and 80G Certificate 1. The fund used for religious and charitable purposes is considered as Income application. Income application is the expenses used for religious and charitable purposes when calculating the income of the trust. 2. The income which is received will be free from paying any tax. 3. A person who is registered under this section can get the benefit of accumulating and setting aside income which is not than 15% for religious and charitable purposes. 4. Benefits of Registration have been extended as per the Finance Act 2014 for the trust and institution that have been registered under section 12A. 5. Registration made under 12A is one-time registration, which means you just have to register only once and its validity will go on for lifetime till the date of cancellation of Registration. There is no need for renewing the registration.

5. 6. NGOs (Non-governmental organizations) can also receive funds from various agencies. Also, these agencies are entrusted to provide grants to NGOs registered under 12A 7. The benefit of registering under 80G is that it provides deduction while calculating the total income in the hands of the donor. 8. A receipt of donation is given to the donor based on which donor can claim a deduction. Note: There is no deduction allowed in respect of any donation under section 80G unless such donation is of a sum of money. Note: When registration is granted under section 12 A, it does not mean you are given 80G approval. In other words Registration under section 12A will not provide automatic approval under section 80G. You have to apply separately for both of them.

6. Documents required for 12A and 80G Registration Duly filled in form- 10A for registration under section 12A 1. Duly filled in form – 10G for registration under section 80G 2. Trust Deed/ MOU: A trust Deed or MOU of section 8 company is required 3. If the registered office is on rent then NOC ( No objection certificate) will be required from the 4. landlord. PAN card copy of NGO 5. Photocopy of Water bill/ Electricity bill 6. Balance sheet & Books of accounts for the preceding 3 years 7. List of Donors along with their PAN and address 8. List of governing board of trustees members with their contact detail 9. Original registration certificate 10. MOA Trust deed for verification 11.

7. Procedure for the Registration Under section 12A and 80G Step 1: Duly filled- in the application form will be submitted to the exemption section of the income tax department. Step 2: After that notice for the clarification will be received by NGO from the Income-tax department within 2-3 months after applying. Step 3: Consultant will submit the reply of the notice along with all the required documents to the Income-tax department. Step 4: Consultant will visit the income tax department personally to follow up the case on behalf of the applicant organization. Step 5: Exemption certificate will be issued.

8. Requirements for 80G and 12A Registration NGO should not be working for the benefit of a particular community 1. NGO must not have any income which is not exempted, Such as company income 2. NGO should be registered under the societies registration act, 1860 or under any law corresponding to 3. the Act or Signed up under section 26 of the companies act, 1956 The bye-laws of NGOs must not contain any regulations for investing the income or possession of the 4. NGO for the purpose other than charitable activities. They must have maintained their books of accounts for its expenditure & receipts. 5.

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