Form 10A-Tax benefit

Form 10A of and avail benefits under Section 12A

It means they need not pay income tax on the surplus income. The trusts and societies and other Section 8 companies provide benefits to the general public. Hence to encourage more such charitable activities, the Income Tax has granted the exemption.

Form 10A is used by a charitable or religious trust for applying and obtaining 12A registration. Note on the activities of the trust or institution; Self-certified copy of existing order granting registration under section 12A or section 12AA, as the case may be;