Complete Guide to 80G/12A Registration in Lucknow

If you are running an NGO, trust, or charitable organization in Lucknow, obtaining 80G and 12A registration is essential to maximize your tax benefits and attract potential donors. These registrations not only provide tax exemptions to your organization but also allow your donors to claim deductions on their contributions. This guide will help you understand the importance, process, eligibility, and benefits of 80G/12A registration in Lucknow.

If you are running an NGO, trust, or charitable organization in Lucknow, obtaining 80G and 12A registration is essential to maximize your tax benefits and attract potential donors. These registrations not only provide tax exemptions to your organization but also allow your donors to claim deductions on their contributions. This guide will help you understand the importance, process, eligibility, and benefits of 80G/12A registration in Lucknow.

If you are running an NGO, trust, or charitable organization in Lucknow, obtaining 80G and 12A registration is essential to maximize your tax benefits and attract potential donors. These registrations not only provide tax exemptions to your organization but also allow your donors to claim deductions on their contributions. This guide will help you understand the importance, process, eligibility, and benefits of 80G/12A registration in Lucknow.

What is 80G and 12A Registration?

80G Registration: It allows donors to your NGO or charitable organization to claim tax deductions under Section 80G of the Income Tax Act. This provision encourages more people and organizations to donate by offering tax relief on their contributions.

12A Registration: This registration exempts your NGO or trust from paying income tax on the surplus income or donations received. It is mandatory if you want to apply for government grants or CSR funding.

Benefits of 80G/12A Registration

Tax Exemption: Organizations with 12A registration are exempted from paying income tax on donations and surplus income.

Attracting Donors: Donors prefer contributing to organizations with 80G registration because they can claim deductions on their taxable income.

Eligibility for Grants: Many government and CSR funding agencies require NGOs to have 80G and 12A registrations.

Enhanced Credibility: Registered organizations are considered more trustworthy and credible, which helps in fundraising and partnerships.

Eligibility Criteria for 80G/12A Registration

The organization should be registered as an NGO, trust, society, or Section 8 company.

It must not be involved in activities that benefit a particular religious community or caste.

The organization's income and assets should be used solely for charitable purposes.

Proper books of accounts should be maintained.

Documents Required for 80G/12A Registration in Lucknow

Registration certificate and MOA/Trust Deed.

PAN card of the NGO/trust.

Address proof of the registered office.

Details of board members/trustees.

Financial statements of the past three years (if applicable).

Activity reports of the organization.

Bank account details and statements.

Step-by-Step Process for 80G/12A Registration in Lucknow

Prepare Required Documents: Collect all necessary documents mentioned above.

Filing the Application: Submit Form 10A (for 12A registration) and Form 10G (for 80G registration) online through the Income Tax portal.

Document Verification: The Income Tax Department may ask for additional documents or clarifications.

Inspection (if required): Sometimes, an inspection of the NGO's activities and books of accounts may be conducted.

Issuance of Registration: Upon successful verification, the department will issue the 80G and 12A certificates.

Timeframe and Validity

The registration process usually takes 1-3 months, depending on the completeness of the application and verification process.

As per the latest amendments, both 80G and 12A registrations are valid for five years and need to be renewed thereafter.

Common Mistakes to Avoid

Incomplete or incorrect documentation.

Failure to maintain proper accounting records.

Delays in responding to queries from the Income Tax Department.

Not renewing the registration on time.

How We Can Help

If you find the process complex, our team of 80G/12A registration consultants in Lucknow can assist you with:

Document preparation and verification.

Filing applications accurately.

Handling queries and follow-ups with tax authorities.

Ensuring timely registration and renewals.

Contact Us Today

Get hassle-free assistance with your 80G/12A registration in Lucknow. Reach out to us for expert guidance and secure your tax benefits efficiently.