Unlock the Benefits of 12A and 80G Registration
If you’re running a non-profit organization, securing 12A and 80G registration is essential for achieving your mission effectively. These registrations not only provide financial benefits but also establish your organization as a credible and transparent entity. At K M GATECHA & CO LLP, we specialize in helping NGOs, trusts, and charitable institutions navigate the complex process of obtaining 12A and 80G registration seamlessly.
At KMG CO LLP, we recognize the importance of securing 12A and 80G registrations for non-profits. Our team offers complete assistance throughout the process, helping organizations unlock the benefits of these tax exemptions.
Contact us today for hassle-free 12A and 80G registrations!
What is 12A & 80G Registration?
12A and 80G registrations are vital tax provisions for NGOs in India, enabling them to receive tax exemptions and financial advantages. These exemptions are outlined in Sections 12A/12AA and 80G of the Income Tax Act, 1961:
12A Registration
Under Section 12A of the Income Tax Act, non-profit organizations are eligible for income tax exemptions. This allows them to operate tax-free on surplus funds generated through donations, grants, or other revenues, provided these are used solely for charitable purposes.
80G Registration
80G registration offers donors tax benefits, allowing them to deduct a portion of their donations from their taxable income. This provision is designed to encourage donations by providing financial incentives to individuals and businesses.
These registrations not only aid NGOs but also boost donor support by offering tax relief.
Who Can Apply for 12A and 80G Registration?
The following entities are eligible to apply for 12A and 80G registration:
Charitable Trusts
Registered Societies
Section 8 Companies
Religious Organizations
Educational Institutions
Medical Institutions
Why Are 12A and 80G Registration Important?
12A Registration: Allows non-profits to be exempted from paying income tax on their surplus income.
80G Registration: Enables donors to claim tax deductions on their contributions, encouraging more donations to your cause.
Both registrations enhance your organization’s credibility and attract donors, making it easier to achieve your objectives
Eligibility Criteria for 12A and 80G Registration
To qualify for these registrations, non-profit organizations must meet specific criteria set by the Income Tax Department:
12A Registration Eligibility
Organizations must operate solely for charitable or religious purposes.
Proper financial records must be maintained, and all income should be used for charitable purposes.
The organization must be registered under relevant laws (trust, society, or Section 8 company).
80G Registration Eligibility
The organization must have 12A registration to apply for 80G.
It should serve the public interest and not favor any particular religious or caste group.
Financial transparency and proper bookkeeping are required.
Benefits of 12A and 80G Registrations
Securing these registrations offers several benefits to non-profits:
Tax Exemptions for Donors: NGOs with 80G registration can offer tax deductions to donors.
Enhanced Credibility: Being registered under 12A and 80G enhances an NGO’s trustworthiness.
Fundraising Potential: Tax benefits encourage more donations, widening the donor base.
Access to Government Grants: Many government grants require 12A and 80G registrations.
Long-term Sustainability: Offering tax relief helps build lasting donor relationships.
12A and 80G Registration Process
The registration process for 12A and 80G has been updated through the Finance Acts of 2020 and 2021. NGOs now apply using Form 10A under Section 12AB. Below is an outline of the steps:
NGO Formation and Registration: Register your NGO as a trust, society, or Section 8 company.
Document Preparation: Collect necessary documents, such as registration certificates, financial statements, and organizational details.
Application Preparation: Complete Form 10A, providing detailed information about the NGO.
Submission: Submit the application along with required documents to the Income Tax Department.
Review and Inspection: The department reviews the application and may inspect the NGO’s records.
Registration Confirmation: Upon approval, the NGO receives its 12A and 80G certificates, confirming its tax-exempt status.
KMG CO LLP: Your Partner for 12A and 80G Registration
At KMG CO LLP, we provide expert guidance in obtaining 12A and 80G registrations. Our specialists assist NGOs in navigating the registration process, ensuring compliance with all legal requirements while maximizing tax benefits for both the organization and its donors.
Reach out to KMG CO LLP for smooth and efficient 12A and 80G registration today!
In India, non-profit organizations can take advantage of significant tax exemptions through two specific registrations offered by the Income Tax Department: 12A and 80G. The 12A registration allows non-profit entities to be exempt from paying income tax on their income, which can be essential in directing more funds towards their charitable activities. On the other hand, the 80G registration benefits the donors, enabling them to claim deductions on their taxable income for any donations made to the organization.
At KMG CO LLP, we understand the importance of acquiring 12A and 80G registrations for your non-profit organization. Our team provides thorough support and guidance throughout the process to help you unlock the tax exemptions and benefits under these sections of the Income Tax Act.
Connect with our experts today to secure your 12A and 80G registrations smoothly!
Our Comprehensive 12A and 80G Registration Services
We offer a full suite of services to simplify the registration process and ensure approval on the first attempt. Here’s what we provide:
1. Eligibility Assessment
We assess your organization’s structure, activities, and compliance readiness to determine eligibility for 12A and 80G registration.
2. Document Preparation
We assist you in gathering, organizing, and preparing all the necessary documents, including:
Trust deed or Memorandum of Association (MOA)
Registration certificate
Financial statements
Details of activities conducted
3. Application Filing
Our experts ensure error-free filing of the 12A and 80G applications with the Income Tax Department, avoiding delays and rejections.
4. Liaison with Authorities
We handle all communications with the Income Tax Department and respond to queries to expedite the approval process.
5. Post-Approval Guidance
After successful registration, we provide guidance on compliance, filing returns, and maintaining records to retain your 12A and 80G status.
Benefits of Choosing Our 12A and 80G Registration Services
Expertise You Can Trust: Our team has years of experience in helping non-profits achieve tax-exempt status.
Tailored Solutions: We customize our services to align with your organization’s unique needs and goals.
Hassle-Free Process: We manage every aspect of the process, allowing you to focus on your mission.
Fast Turnaround Time: Our efficient procedures ensure quick approvals.
Transparent Pricing: No hidden costs—only straightforward, affordable pricing.
Documents Required for 12A and 80G Registration
To ensure a smooth registration process, here’s what you’ll need:
For 12A Registration:
PAN card of the organization
Registration certificate or deed
Financial statements for the last 3 years
Details of trustees or governing body members
Activity report or list of services rendered
For 80G Registration:
12A registration certificate
PAN card of the organization
Financial statements and audit reports
List of donors and their details
Details of the trust/organization's activities
How to Get Started with Us?
Getting your 12A and 80G registrations is simple and stress-free when you work with [Your Company Name]. Here’s how it works:
Consultation: Schedule a free consultation with our experts to discuss your requirements.
Eligibility Check: We evaluate your non-profit’s eligibility and provide recommendations.
Application Process: Leave the paperwork to us—we’ll handle everything.
Approval: Receive your certificates and start enjoying the benefits.
Why Choose KMG CO LLP?
Trusted by Non-Profits Nationwide
We’ve assisted hundreds of non-profits across India in obtaining 12A and 80G registration. Our proven track record speaks for itself.
Personalized Service
We understand that every organization is unique. Our team works closely with you to provide personalized solutions.
Dedicated Support
Our customer support team is available to answer your queries and guide you throughout the process.
Get Expert Assistance with KMG CO LLP
KMG CO LLP provides expert assistance to non-profit organizations looking to secure 12A and 80G registrations. Whether it's your first application or a renewal, our team is here to ensure a smooth and hassle-free process, helping you focus on your charitable activities while maximizing the tax benefits for both your organization and its donors.
Contact KMG CO LLP today and simplify your 12A and 80G registration process!
Under Section 12A of the Income Tax Act, non-profit organizations are eligible for income tax exemptions. This allows them to operate tax-free on surplus funds generated through donations, grants, or other revenues, provided these are used solely for charitable purposes.
80G registration offers donors tax benefits, allowing them to deduct a portion of their donations from their taxable income. This provision is designed to encourage donations by providing financial incentives to individuals and businesses.
Charitable Trusts
Registered Societies
Section 8 Companies
Religious Organizations
Educational Institutions
Medical Institutions
12A Registration: Allows non-profits to be exempted from paying income tax on their surplus income.
80G Registration: Enables donors to claim tax deductions on their contributions, encouraging more donations to your cause.
Organizations must operate solely for charitable or religious purposes.
Proper financial records must be maintained, and all income should be used for charitable purposes.
The organization must be registered under relevant laws (trust, society, or Section 8 company).
The organization must have 12A registration to apply for 80G.
It should serve the public interest and not favor any particular religious or caste group.
Financial transparency and proper bookkeeping are required.
Tax Exemptions for Donors: NGOs with 80G registration can offer tax deductions to donors.
Enhanced Credibility: Being registered under 12A and 80G enhances an NGO’s trustworthiness.
Fundraising Potential: Tax benefits encourage more donations, widening the donor base.
Access to Government Grants: Many government grants require 12A and 80G registrations.
Long-term Sustainability: Offering tax relief helps build lasting donor relationships.
NGO Formation and Registration: Register your NGO as a trust, society, or Section 8 company.
Document Preparation: Collect necessary documents, such as registration certificates, financial statements, and organizational details.
Application Preparation: Complete Form 10A, providing detailed information about the NGO.
Submission: Submit the application along with required documents to the Income Tax Department.
Review and Inspection: The department reviews the application and may inspect the NGO’s records.
Registration Confirmation: Upon approval, the NGO receives its 12A and 80G certificates, confirming its tax-exempt status.
Trust deed or Memorandum of Association (MOA)
Registration certificate
Financial statements
Details of activities conducted
Expertise You Can Trust: Our team has years of experience in helping non-profits achieve tax-exempt status.
Tailored Solutions: We customize our services to align with your organization’s unique needs and goals.
Hassle-Free Process: We manage every aspect of the process, allowing you to focus on your mission.
Fast Turnaround Time: Our efficient procedures ensure quick approvals.
Transparent Pricing: No hidden costs—only straightforward, affordable pricing.
PAN card of the organization
Registration certificate or deed
Financial statements for the last 3 years
Details of trustees or governing body members
Activity report or list of services rendered
12A registration certificate
PAN card of the organization
Financial statements and audit reports
List of donors and their details
Details of the trust/organization's activities
Consultation: Schedule a free consultation with our experts to discuss your requirements.
Eligibility Check: We evaluate your non-profit’s eligibility and provide recommendations.
Application Process: Leave the paperwork to us—we’ll handle everything.
Approval: Receive your certificates and start enjoying the benefits.