80G
*This package covers only one Tax Return
80G is a certificate that exempts you part or fully from paying taxes, if you have made donations to charitable trusts or section 8 company or organizations that are registered to offer you exemptions from taxes
Package Details
For e.g. A charitable organization or trust registered under section 12 A, allows you to avail tax exemption under section 80G. There is however a maximum allowable deduction criteria. The criterion is if the aggregate of the amount you donate exceeds 10% of the total gross income, then the excess amount will not qualify for tax benefit. 80G certificates made its way into law book in the year 1967-68 and it continues to be an important tax saving certificate.
Our Process
- Registration Certificate
- MOA /Trust Deed
- NOC from the proprietor of the land where the registered office is situated.
- Copy of the Pan Card of the Trust/Institution.
- Copy of electricity bill, house tax receipt, or water bill
- Proof of welfare activities pursued
- Progress Report since the foundation of the NGO or for the previous 3 years
- The statement of accounts and balance sheet since the foundation/previous 3 years
- List of contributors along with their address and PAN.
- List of governing body of trustees with their contact details
- Copy of registration granted under section 12A or copy of notification issued under section 10(23)or section 10(23C)
Documents Needed
- The application can only be made by a public charitable trust, registered society, recognized educational institution or an institution funded by the Government.
- The trust/institution applying for the certificate must be duly registered under the Societies Registration Act, 1860; or Section 25 of the Companies Act; or any other relevant Acts.
- Applicants of the certificate must not represent any religion based or caste and creeds based activity.
- The respective trust/institution should only utilize the donated funds for charitable purposes.
- The registered trust/institution should not hold any income which is not exempted.
- Entity’s pursuing any other businesses are required to maintain a separate account, so that the donations received are not confused with savings of any other kind.
- The applicant should have maintained the appropriate annual returns, accounting and book keeping before applying for the certificate.
- The recipient of the certificate must ensure the timely renewal of certificates, so as to receive the eligible tax benefits.
