Process of Registration Under 80G
As part of our 'NGO Support Services' we assist to register the Non Governmental and Non Profitable organization under section 80G of Income Tax Act in India.
If an NGO gets itself registered under section 80G then the person or the organization making a donation to the NGO will get a deduction of 50% from his/its taxable income. The NGO has to apply in Form No. 10G As per Annexure - 29 to the Commissioner of Income Tax for such registration. Normally this approval is granted for 2-3 years.
Requirements for Registration Under 80G
- The organization must be duly registered.
- The NGO should not generate any income that is not exempt, such as business income. If the NGO has business income, it must maintain separate books of accounts and ensure that donations received are not diverted for business purposes.
- The bylaws or objectives of the NGO must not include any provisions that allow the income or assets of the NGO to be used for purposes other than charitable activities.
- The organization must not operate for the benefit of any specific religious community or caste.
- The NGO must maintain regular accounts of its receipts and expenditures.
Documents we need
Estimate Time for Completion
The estimated time for completion depends on the place of registered office. In major cities like Delhi, Mumbai, Bangalore, and Chennai, it typically takes 3-4 Months. Smaller cities may require additional time, while remote areas may experience even longer processing times.