An Educational university

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chandu (Querist)
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04 January 2011 With regard to my professional work,
a task came to me,
What is the Procedure to be followed by an University (educational) for getting exemption u/s 12a
Also is there any way to claim sec 35 ac scientific research

Kindly advise me regarding this matter

CA Mohd. Ubaid

CA Mohd. Ubaid (Expert)
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09 January 2011 For Registration U/S 12A You Have To File An Application In Form 10A In Duplicate With The Director of Income Tax (Exemption). Application Must Be Accompanied By Copy of MOA/Trust Deed.
Later on The Department Will Ask You To File/Produce The Following Documents:
1. Copy of Audited Accounts For Last 3 Years In Case of Society Existing For More Than 3 Years or Since Inception In Case of New Society.
2. Copy of Bills/Vouchers
3. Original MOA/Trust Deed For Verification
4. Evidence in Support of Charitable Activities Done By The Society Like Photographs, News Paper Cutting.
5. List of Donors
6. Affidavit U/S 2(15) and 13
7. A Note On The Activities of The Society
8. Justification For Your Claim For Registration U/S 12A.
But After Amendment in Section 2(15) Schools/Universities Are Facing Problems in Getting Registration U/S 12A Because They Charge Fees For Their Services And There Can Be No Charity For Fees.

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