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Income tax for ngo

Others 100 views 1 replies

Volunteer

volunteer

21 Points Joined April 2017

We started an NGO in the year 2015, we have applied for PAN, TAN and filed a form called 10(A) we have just opened a bank account with the NGO name, Our organisation does.t do business, we work on charities only. We have three queries.

1. Are we going in a correct legal procedure with respect to NGO and IT department

2. What all the other forms we should furnish?

3. Till now we are taking services from the interested people. Most of the people are asking about 80(G) how to apply for that?

Replies (1)

A. NAGARAJAN

CHARTERED ACCOUNTANTS

66 Points Joined December 2008

first you have to apply for registration of the Trust u/sec 12 AA of the Income tax Act. for this Form 10 A along

Self-attested copies of MOA or trust deed.
Proof of registered office. ...
PAN Card of your NGO.
A copy of utility bills such as water bill, electricity bill or house tax receipts.

details of trustees ,their PAN has to be filed with the Commissioner Income Tax(Exemption) of your jurisdiction. once you get the registration then apply for 80G with the same commissioner in form 10G with the following details

Form 10G, duly filled in.
Self-attested copies of MOA or trust deed.
Proof of registered office. ...
PAN Card of your NGO.
A copy of utility bills such as water bill, electricity bill or house tax receipts

the whole process may take 6 months in the normal course