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80G Act Registration
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. 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.
Who can avail tax savings under 80G?
1. A person who makes an eligible donation is entitled to avail tax exemption under 80 G.
2. Donations made to listed trust and organizations only qualify for deduction u/s 80G
Who cannot avail tax savings under section 80G?
1. If a donation is made to a foreign trust you cannot qualify for tax savings under section 80G.
2. If donations have been made too one or more political parties you cannot avail or claim deduction for such donations. Deductions cannot be claimed even for printing or publishing of brochures, flyers and pamphlets
3. Donations by NRI if made to eligible institutions and trusts also qualify for tax exemption under section 80G.
4. If donation is made from salary and if the donation receipt carries the name of the employer then employees can claim deduction under section 80G
Percentage of Deduction under Section 80G
1. Payments made to Prime minister relief fund is eligible for 100% deduction u/s 80G without any limit.
2. Deductions made to trusts like “Indira Gandhi memorial trust” is eligible for 50% deduction without any limit.
3. An approved institution i.e. institutions promoting and encouraging family planning is eligible for 100% exemption u/s 80G.
4. Any charitable trust that falls under the list is eligible for 50% deduction u/s 80G.
Eligibility Criteria
1. The application can only be made by a public charitable trust, registered society, recognized educational institution or an institution funded by the Government.
2. 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.
3. Applicants of the certificate must not represent any religion based or caste and creeds based activity.
4. The respective trust/institution should only utilize the donated funds for charitable purposes.
5. The registered trust/institution should not hold any income which is not exempted.
6. 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.
7. The applicant should have maintained the appropriate annual returns, accounting and book keeping before applying for the certificate.
8. The recipient of the certificate must ensure the timely renewal of certificates, so as to receive the eligible tax benefits.
Advantages of 80G and 12A registrations
Lifetime benefit
Registration under section 12A is one-time registration. Once the registration is granted to the trust, it will hold good till the cancellation. There are no criteria for renewal of the registration.
Tax benefits for the organizations
The 80 G not only offer benefits to the donors with the tax exemption on the amount donated but also give tax benefits to the organization.
The organization receives assets
All the non-profit organizations which issued 80G and 12A certificates will receive various grants from the government. They are eligible for receiving funding from the donors and other agencies.
Documents for 80G and 12A Registration
Details of the members of the NGO
Copy of the PAN card of the NGO
Copy details of the activities performed in the NGO
Copy of the inspection account last 3 years
Copy of the registration certificate of the NGO by law
Call Us at : 8422985681 / 9833628008
Procedure for taking 80G and 12A Registration
Send Documents
Mail us all the required documents that need while registering 80G and 12A certificates.Fill the application form
Once we receive your documents we fill the applications forms.Reply the clarification
We submit the response to the clarification to the income tax department.Acknowledgment
When all the process is successfully executed from us and receive approval for the 80G and 122A we inform through email or phone.FAQ’s About 80G & 12A Registration
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Who can avail tax saving benefits under 80G?
Anyone who is eligible for donating to the non-profit organizations can avail the benefits of tax exemption and the donation made to the trust can avail the tax saving benefits. -
What cannot avail tax savings under sections 80G?
- • If a person donates to the foreign trust cannot exempt the tax saving under section 80G.
- • If a personally made donation one or more political party cannot avail the tax saving under section 80G.
- • If the donation made by the salary then donor can claim for the tax exemption.
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What are the documents required under 80G for claim deduction?
- • Name, address and PAN number for the donation trust was made to.
- • The amount donated should be mentioned in numeric value as well as words.
- • A photocopy of the 80G certificate and the validity of the registration should also be mentioned in the receipt.
- • It is important to mention registration number issued by the income tax department.
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What are the modes of the payments are allowed for the tax deduction?
The donation can be deducted from the salary and a donation receipt should be obtained on the name of the employer. Only cash and cheque donations are qualify.
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