80G-return

80G Return

Introduction:80G certificate is one that's granted to certain not-for-profit organization by the tax department, granting their donors the power to avail of a tax write-off on donations. As per latest amendments proposed in Finance Bill 2020, deducti ...

IT-return

Income Tax Return

Introduction IT Return Filing of return: All Charitable Organisations having income exceeding the minimum exemption limit during the previous year are required to file their return of income. The ‘income’ for the needs of filing the return should be ...

80G

80G Registration (New)

80G Registration Introduction A NGO can avail tax exemption by getting itself registered and complying with certain other formalities, but such registration doesn't provide any benefit to the persons making donations. The tax Act has certain provisio ...

12(A)

12A Registration

12A Registration Introduction NGOs have multiple options to choose the type of constitution, like trust, society and section 8 company so as to get exemptions under section 11 & 12 of Income Tax Act, 1961, it's mandatory for all NGOs to obtain re ...

10(23c)

10 (23C) Registration

10 (23C) Registration Introduction Section 10(23C) of the Act may be a specific exemption available to certain Government and non-government universities and academic institutions. Income received by any university or institution existing only f ...

calender

Important Dates for Compliances

Audit Report Filing September 30 2020: Last Date for filing Audit Report of NGO to Income Tax Department in Form 10B. Income Tax Return September 30 2020: Last Date for filing Income Tax Return for NGO in Form ITR-7. FCRA Yearly Return Decem ...