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Showing posts with the label 12a and 80g registration fees

Introduction to 80G and 12A Certificate and How To Obtain It

  Introduction to 80G and 12A Certificate If you are a non-profit organization or a charitable trust, you might be familiar with 80G and 12A certificates. These certificates allow donors to claim tax exemptions on the donations they make to the organization. In this article, we will discuss the importance of the 80G certificate, how to obtain it, the documents required, and the fee involved. What is an 80G Certificate? An 80G certificate is a document that allows donors to claim tax deductions on donations made to eligible non-profit organizations or charitable trusts. The certificate is issued by the Income Tax Department, and it is valid for a specific period, usually five years. What is a 12A Certificate? A 12A certificate is another document that is issued by the Income Tax Department to non-profit organizations and charitable trusts. This certificate is proof of registration under Section 12A of the Income Tax Act, which exempts the organization from paying income tax on the fun