80G & 12AA Registration
- Transparent fee structure
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- Fast registration process
- Secure document handling
Register your 80G & 12AA hassle-free from wherever you are with our easy application process.
What is 80G & 12AA?
80G and 12AA are two sections of the Income Tax Act that provide tax exemptions for donations made to charitable organizations in India.
80G is a provision that allows donors to claim tax deductions on donations made to eligible charitable organizations. This deduction can be claimed up to either 50% or 100% of the donation amount, depending on the type of organization and the cause being supported.
12AA is a registration granted by the Income Tax Department to charitable organizations which denotes the tax exemption status of the organization. Charitable trusts are required to obtain 12AA registration in order to avail themselves of tax benefits under various provisions of the Income Tax Act.
Documents Required for 80G & 12AA Registration
The documents required for 80G & 12AA registration may vary depending on the type and nature of the charitable organization. However, some of the common documents that are typically required include:
- Registration certificate of the Trust Deed or Society
- PAN card of the organization
- Audited financial statements of the last three years
- Details of office bearers of the organization and their PAN cards
- Statement of activities of the last three years
- List of donors and donations received along with their PAN cards
- Copy of the Bye-Laws of the organization
- Certificate of incorporation, if applicable
It is always recommended to check with a qualified chartered accountant or tax consultant for a comprehensive list of documents required based on specific circumstances.
Frequently Asked Questions
The 80G registration is a certification provided to organizations that make donations eligible for tax deductions.
Any organization that is involved in charitable activities and meets the eligibility criteria can apply for an 80G registration.
Having an 80G registration allows donors to claim tax deductions on their donations made to the organization, which can encourage more donations.
It usually takes around 2-6 months to get an 80G registration after submitting the application.
A 12AA registration is a certificate provided to charitable organizations, allowing them to claim tax exemptions on their income.
While 80G registration is related to tax deductions for donors, 12AA registration pertains to tax exemptions for the organization itself.
Yes, an organization can have both 80G and 12AA registrations if they meet the eligibility criteria for both.
No, 80G registration has to be renewed every few years, depending on the duration specified by the government.
Yes, 12AA registration is typically granted permanently, subject to any changes in government regulations or policy.
An organization can submit an application to the income tax department, along with the necessary documents and fees, to apply for 80G or 12AA registration.