80G/12A Registration – An Overview
80G and 12A registrations are essential for non-profit organizations in India that wish to avail of tax exemptions and offer tax benefits to their donors. These registrations allow non-profits to receive donations that are eligible for tax deductions under section 80G of the Income Tax Act.
Tax Deductible Donations: Non-profits with 80G registration can offer tax deductions to their donors, which helps in attracting more donations.
Government Recognition: 12A registration gives legal recognition to the non-profit organization, making it eligible for tax exemptions.
Easy Compliance: Once registered, the organization will need to comply with simple annual filing procedures to maintain its 80G/12A status.
Documents Required for 80G/12A Registration
To successfully register for 80G/12A in India, the following documents are required:
Registered Trust Deed/Certificate of Incorporation
PAN Card of the Organization
Address Proof of the Registered Office
List of Trustees/Directors and their PAN Cards
Financial Statements for the Last 3 Years (If applicable)
Proof of Charitable Activities (If applicable)
80G/12A Registration Timeline
The timeline for getting 80G/12A registration approval is generally 30 to 60 working days, depending on the completeness of the application and the time taken by the Income Tax Department to process the request.
Frequently Asked Questions
- What is 80G/12A Registration?
- Is 80G/12A Registration Mandatory for NGOs?
- Can I Apply for 80G/12A Registration Without a PAN Card?