12 A & 80G Registration Services​
Non-profit organizations in India play a crucial role in addressing various social, educational, and charitable needs. To effectively carry out their mission while enjoying significant tax benefits, these organizations require 12A & 80G registration services from the Income Tax Department of India.
At E Accountax Manager, we specialize in guiding non-profits, charitable trusts, societies, and Section 8 companies through the process of securing 12A and 80G registrations. Our team of experts ensures that your organization meets all legal requirements and enjoys the benefits of tax exemptions, enhancing your credibility and ability to attract donations.
What Are 12A and 80G Certificates?
12A and 80G registrations are essential certifications granted by the Income Tax Department to non-profit organizations in India:
-
12A Registration: This certificate exempts the organization from paying income tax on the surplus income generated through its charitable activities. 12A registration is valid for five years and provides tax benefits, enabling organizations to retain more funds for their social missions.
-
80G Registration: This certificate allows donors to your organization to claim deductions on their taxable income for the donations they make. This not only incentivizes donations but also enhances the organization's credibility among potential donors and stakeholders.
Who Can Apply for 12A and 80G Registration?
The following types of non-profit organizations are eligible to apply for 12A and 80G registrations:
- Charitable Trusts
- Religious Trust
- Registered Societies
- Section 8 Companies (Non-profit entities under the Companies Act, 2013)
Benefits of 12A and 80G Registration
Obtaining 12A and 80G registration offers several significant benefits:
-
Income Tax Exemption: Organizations registered under 12A are exempt from paying income tax, allowing them to allocate more resources toward their charitable objectives.
-
Donor Incentives: With 80G registration, donors can deduct 50% of their donation from their taxable income, making your organization more attractive to potential contributors.
-
Enhanced Credibility: 12A and 80G registrations serve as marks of trust and legitimacy, helping your organization gain greater confidence from donors, government bodies, and the public.
Documents Required for 12A and 80G Registration
To apply for 12A and 80G registration, the following documents are required:
- Trust Deed/Society Registration Certificate/Section 8 Company Certificate
- Memorandum of Association (MoA) and Articles of Association (AoA) (for Section 8 Companies)
- PAN Card of the Organization
- Bank Account Statement of the Organization
- Audited Accounts for the last three financial years
- List of Trustees/Members/Directors
- Detailed List of Activities carried out by the Organization
Details Required for 12A and 80G Registration
When applying for 12A and 80G registration, the following details are required:
- Name and Address of the Organization
- Contact Details of the Organization
- Type of Organization (Trust, Society, or Section 8 Company)
- Objectives and Activities of the Organization
- Sources of Income and Utilization of Funds by the Organization
Process of Registration for 12A & 80G
The registration process involves the following steps:
-
Application Submission: Fill out Form 10A on Income Tax Portal.
-
Document Submission: Attach all required documents with the application forms.
-
Verification: The Income Tax Department will review the application and documents. They may request additional information or documents if necessary.
-
Issuance of Certificates: Upon satisfactory review, the department will issue 12A and 80G certificates, confirming your organization’s tax-exempt status and the eligibility of donors to claim deductions.
Timeframe for 12A & 80G Registration
The time required to obtain 12A and 80G certificates can vary based on the workload of the Income Tax Department. Typically, it can take anywhere from a few weeks to several months. At E Accountax Manager, we expedite the process by ensuring your application is complete and accurate, reducing delays.
Why Choose E Accountax Manager for 12A & 80G Registration?
-
Expert Guidance: Our team of professionals has extensive experience in navigating the complexities of 12A and 80G registration.
-
End-to-End Service: We handle everything from document preparation to submission, ensuring a seamless registration process.
-
Timely Updates: We keep you informed at every step, ensuring transparency and peace of mind.
-
Comprehensive Support: Beyond registration, we provide ongoing support for compliance and renewal processes.
Expert Guidance: Our team of professionals has extensive experience in navigating the complexities of 12A and 80G registration.
End-to-End Service: We handle everything from document preparation to submission, ensuring a seamless registration process.
Timely Updates: We keep you informed at every step, ensuring transparency and peace of mind.
Comprehensive Support: Beyond registration, we provide ongoing support for compliance and renewal processes.
Conclusion
Securing 12A and 80G registration is crucial for any non-profit organization in India. These certifications not only offer substantial tax benefits but also enhance your organization's credibility, making it easier to attract donations and support. At E Accountax Manager, we are dedicated to helping you achieve these registrations quickly and efficiently, allowing you to focus on your mission of making a positive impact.