80g Registration in Delhi

80g Registration in Delhi

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Category : Services
Item Id : 55536
Published date : 01/08/2019
Modified date : 03/08/2019
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Website : http://www.gsbtaxation.com/
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New Delhi , Delhi , India

An NGO can avail income tax exemption by getting itself registered and complying with certain other formalities. Without 80G or 12A certificates, the NGO can not provide any benefit to the person making a donation under the 80G Act. The Income Tax Act 1961 has certain provisions which offer tax benefits to “Donors”. All NGO’s should avail the advantages of these provisions to attract potential donors. One must register a company before registering for 12A and 80G licenses. Section 80G is one of such Section. If an NGO has 80G registration than the person or the organization making a donation to the NGO will get a deduction of 50% from his/her tax Income. If an NGO, trust has 80G and 12A registration, only then it is eligible for any Government funding. A newly registered NGO can also apply for 12A & 80G registration online.


GSB Taxation
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