Our Services

At AI Auditors, We Provide 12A & 80G Registration Under Income Tax Act 1961

We take pride in offering specialized services for obtaining 12A and 80G registrations under the Income Tax Act, 1961. Our commitment is to empower your charitable organization with the necessary legal status and tax benefits to foster growth and support your noble initiatives.

1. 12A Registration:

- Unlock Tax Exemption: We assist you in obtaining 12A registration, granting your organization tax exemption on income generated from charitable activities.

- Enhanced Credibility: Gain enhanced credibility as a recognized charitable entity, facilitating increased trust from donors, partners, and beneficiaries.

2. 80G Registration:

- Donor Incentives: Our services include securing 80G registration, allowing your donors to avail themselves of tax deductions on their contributions to your cause.

- Attracting Support: Make your organization more attractive to potential donors by providing them with tax benefits under Section 80G.

Why Choose AI Auditors:

1. Expert Guidance:

- Navigating Complexity: Our experienced team guides you through the intricate process of obtaining 12A and 80G registrations, ensuring a smooth and hassle-free experience.

- Customized Solutions: We tailor our services to meet the unique needs of your organization, recognizing the diversity of charitable causes.

2. Comprehensive Support:

- Document Preparation: AI Auditors handles the preparation of all necessary documents required for 12A and 80G registration, ensuring accuracy and compliance.

- Submission Assistance: We facilitate the submission of applications, supporting you at every step to ensure a successful registration process.

3. Timely Completion:

- Efficiency Matters: Our commitment is to complete the registration process in a timely manner, allowing your organization to focus on its philanthropic endeavors promptly.

4. Transparent Communication:

- Stay Informed: AI Auditors believes in transparent communication. We keep you informed throughout the registration process, empowering you with knowledge.

5. Peace of Mind:

- Focus on Impact: With AI Auditors by your side, you can focus on making a positive impact while we handle the intricacies of 12A and 80G registrations.

Secure your organization's tax benefits, enhance credibility, and attract support for your charitable activities with AI Auditors. Let’s embark on a journey of philanthropy together!

What is 12A & 80G Registration Under Income Tax Act 1961

1. 12A Registration:

What is it?

- Legal Recognition: 12A registration is a provision under the Income Tax Act, 1961, granting legal recognition to charitable and religious trusts.

- Tax Exemption: Entities with 12A registration enjoy tax exemption on their income generated from charitable activities.

Why is it Important?

- Credibility: 12A registration enhances the credibility of charitable organizations, making them eligible for various benefits and exemptions.

- Attracting Donors: Donors are more likely to contribute to organizations with 12A registration due to the associated tax benefits.

2. 80G Registration:

What is it?

- Tax Deduction for Donors: 80G registration is a provision that allows donors to claim a deduction on their taxable income for contributions made to eligible charitable institutions.

- Encouraging Philanthropy: It incentivizes individuals and businesses to support charitable causes by providing tax benefits.

Why is it Important?

- Donor Confidence: Organizations with 80G registration instill confidence in donors, as contributions made to them are eligible for tax deductions.

- Increased Funding: The availability of tax benefits encourages individuals and corporations to contribute more to philanthropic activities.

Key Points:

1. Eligibility Criteria:

- Charitable and religious trusts, as well as certain non-profit organizations, are eligible for 12A registration.

- To qualify for 80G registration, an organization must meet specific criteria set by the Income Tax Act.

2. Application Process:

- Organizations seeking 12A and 80G registration must apply to the Commissioner of Income Tax with relevant documents and information.

- Approval is granted after verifying the entity's charitable objectives and compliance with legal requirements.

3. Benefits for Donors:

- Donors to organizations with 80G registration can claim deductions ranging from 50% to 100% of their contributions, depending on the nature of the charity.

4. Renewal and Compliance:

- 12A and 80G registrations require periodic renewal, and organizations must comply with reporting and documentation requirements to maintain their status.

In summary, 12A and 80G registrations are instrumental in providing legal recognition, tax exemptions, and donor incentives for charitable organizations, promoting a culture of philanthropy in India.

Eligibility for 12A & 80G Registration Under Income Tax Act 1961

1. 12A Registration Eligibility:

Entities Eligible:

- Charitable trusts and religious institutions are eligible to apply for 12A registration.

- Non-profit organizations engaged in philanthropic activities and meeting specified criteria can also seek 12A registration.

Conditions:

- The entity must be formed for charitable or religious purposes.

- Its income and property should be solely utilized for promoting charitable objectives.

- The organization must not be involved in any activity for profit.

Application Process:

- An eligible entity can apply for 12A registration to the Commissioner of Income Tax by submitting the necessary documents and details about its activities.

Validity:

- Once granted, 12A registration is generally valid unless canceled or surrendered.

2. 80G Registration Eligibility:

Entities Eligible:

- Charitable trusts, societies, and non-profit organizations can apply for 80G registration.

- The organization must already possess 12A registration to be eligible for 80G.

Conditions:

- The entity must maintain regular accounts of its receipts and expenditures.

- It should apply its income and property solely towards promoting charitable objectives.

- The organization should not engage in any activity for profit.

Approval Process:

- After obtaining 12A registration, the entity can apply for 80G registration.

- The application is reviewed by the Commissioner of Income Tax, and approval is granted based on compliance with specified conditions.

Validity:

- Like 12A registration, 80G registration is typically valid unless canceled or surrendered.

Benefits for Donors:

- Donors contributing to entities with 80G registration are eligible for tax deductions on their contributions, ranging from 50% to 100% of the donated amount.

Documents Required For 12A & 80G Registration Under Income Tax Act 1961

1. Documents for 12A Registration:

For Trusts and Institutions:

1. Application Form: Duly filled and signed application in the prescribed form.

2. Trust Deed: A copy of the trust deed, clearly stating the objectives and activities.

3. Registration Certificate: Copies of the registration certificate, if any, under any other law.

4. PAN Card: Copy of the PAN card of the trust or institution.

5. Address Proof: Proof of the registered office address (e.g., utility bills, rental agreement).

6. List of Trustees: Names, addresses, PAN, and Aadhaar details of all the trustees.

7. Statement of Activities: Detailed information about the past, present, and proposed activities of the trust.

2. Documents for 80G Registration:

Additional Documents for Entities Already Registered Under 12A:

1. Audited Accounts: Copies of audited accounts for the last three years.

2. Books of Accounts: A copy of the books of accounts of the trust or institution.

3. ITR Acknowledgment: Copy of the income tax return acknowledgment for the last three years.

4. Annual Report: A detailed annual report of the activities of the trust or institution.