Registration of Charitable trust U/S 12A

Tax queries 25774 views 18 replies

Can a Trust issue share certificate.

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Can a Trust issue share certificate.

please can sumbdy help me regarding 12 A Registration....urgent ...

 

WHAT IS THE TIME FRAME MINIMUM REQUIRED FOR APPLYING 80G EXEMPTION OF A PUBLIC TRUST

COULD I BE EXPLAINED

Both applications can be applied together or it can also be applied separately also. If some organization is willing to apply both applications separately, then application for registration u/s 12A will be applied first. Getting 12A registration is must for applying application for registration u/s 80G of Income Tax Act. PROCEDURE FOR REGISTRATION.  

 

Step-1: Dully filled-in application will be submitted to the exemption section of the lncome Tax Department.

Step-2: NGO will receive notice for clarifications from Income Tax Department in 2-3 months after applying.

Step-3: Reply of notice will be submitted by the consultant along with all relevant desired documents to the Income Tax Departments.

Step-4: Consultant will personally visit the Income Tax Departments to follow-up the case on behalf of the applicant organization.

Step-5: Exemption Certificates will be issued.

 

VALIDITY PERIOD

12A registration :Lifetime validity

80G registration : 1 to 3 years validity      

 

Documents reguired for registration u/s 12A AND 80G:

1. Dully filled in Form - 10A for registration u/s 12A registration;

2. Dully filled in Form - 10G for registration u/s 80G registration;

3. Registration Certificate and MOA /Trust Deed (two copies - self attested by NGO head);

4. NOC from Landlord (where registered office is situated);

5. Copy of PAN card of NGO;

6. Electricity Bill / House tax Receipt /Water Bill (photocopy);

7. Evidence of welfare activities carried out & Progress Report since inception or last 3 years;

8. Books of Accounts, Balance Sheet & ITR (if any), since inception or last 3years;

9. List of donors along with their address and PAN;

10. List of governing body I board of trustees members with their contact details;

11. Original RC and MOA /Trust Deed for verification;

12. Authority letter in favor of NGO Factory;

13. Any other document I affidavit / undertaking I information asked by the Income Tax department.


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