Overview
12A & 80G Registration – Complete Overview
What is 12A & 80G Registration?
12A and 80G registrations are income tax registrations granted to NGOs, trusts, societies, and Section 8 companies. 12A registration provides income tax exemption to the organization, while 80G registration allows donors to claim tax deductions on donations made to the organization.
Importance of 12A & 80G Registration
These registrations significantly enhance the financial sustainability and credibility of an NGO. 12A ensures exemption from income tax on surplus income, while 80G attracts donors by offering tax benefits. Together, they are essential for fundraising, CSR funding, and long-term operations.
Eligibility for 12A & 80G Registration
Eligible entities include registered trusts, societies, and Section 8 companies engaged in charitable activities. The organization must not operate for profit and must maintain proper books of accounts and compliance with income tax laws.
Process of 12A & 80G Registration
The process involves preparing documents, filing online applications with the Income Tax Department, verification by authorities, and issuance of registration certificates. Periodic renewal and compliance are required as per applicable regulations.
Why Choose NYAYAPATH LEGAL LLP
NYAYAPATH LEGAL LLP provides expert assistance for 12A and 80G registration, including documentation, application filing, and compliance guidance. We ensure timely approvals and complete support for NGOs and non-profit organizations.
