12A 80G Registration

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 When it comes to charitable organizations, 12a and 80g registrations are two of the most important things to consider. In India, these registrations are required for non-profit organizations that want to receive tax benefits from the government. A 12a registration is a registration that is granted by the Income Tax Department of India to non-profit organizations. This allows them to claim exemptions on their income and also enables them to receive donations from Indian citizens.

It is crucial for all charitable organizations in India to obtain this registration, as it provides them with significant financial benefits. An 80g registration, on the other hand, allows donors who contribute funds or materials to charitable organizations eligible for tax deductions. This means that individuals who donate money or goods can claim deductions on their taxable income under Section 80G of the Income Tax Act.

In summary, obtaining both a 12a and an 80g registration is essential for any non-profit organization in India looking to operate efficiently and make a significant impact through its work. Obtaining 12a and 80g registration for your non-profit organization can bring a multitude of benefits. Firstly, it allows donors to claim tax deductions for their contributions, which can incentivize them to donate more generously.

This can ultimately help your organization raise more funds and achieve its goals more effectively. Additionally, having 12a and 80g registration can increase the credibility and legitimacy of your organization in the eyes of potential donors and supporters. It signifies that you are recognized by the government as a legitimate non-profit entity and have met certain standards of transparency and accountability.

Furthermore, obtaining these registrations can also open up opportunities for partnerships with other organizations or government entities. This can allow you to access additional resources, funding or expertise that may be beneficial to your cause. Overall, obtaining 12a and 80g registration is a valuable step towards establishing a reputable, effective non-profit organization that is well-positioned to achieve its goals with the support of donors, partners, and stakeholders. Eligibility criteria for obtaining 12a and 80g registration are crucial to understand for any organization or individual seeking these registrations.

The 12a registration is obtained by charitable organizations, and it exempts them from paying taxes on their income. To be eligible for this registration, the organization must be established with an object of promoting education, religion, social welfare, or any other charitable purpose. On the other hand, the 80g registration is obtained by donors who want to avail tax benefits on their donations made to charitable organizations.

The eligibility criteria for obtaining this registration include ensuring that the organization falls under the ambit of Section 80g of the Income Tax Act and that it has been granted a valid 12a registration. Additionally, the charitable organization must not have any income derived from business activities or should not engage in activities that go against public policy or morality. It is essential to fulfill all eligibility criteria while applying for these registrations; otherwise, your application may get rejected by the authorities. The procedure for obtaining 12a and 80g registration is a crucial step for any organization or institution that wishes to avail tax benefits in India.


Samridhi Tax Consultancy

Address:- A 145 LGF Dayanand Colony Lajpat Nagar 4, 110024 Delhi, India

Phone No:- +91 95824 42393

                     01144126266

Website:- https://companyregistrationandgstregistration.blogspot.com/?m=1


Location: Dayanand Colony, Lajpat Nagar 4, New Delhi, Delhi 110024, India

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