12A Registration for NGO

12A Registration for NGO is a process in India for obtaining an exemption from income tax for a charitable trust, Society, or Section-8 Company. It is granted to trusts or societies or Section-8 Companies that operate for charitable purposes and meet the requirements set forth by the Income Tax Department. The registration is granted under section 12A of the Income Tax Act, 1961, and is necessary for a trust to be eligible for tax exemptions on its income.

The benefits of 12A Registration Online include exemption from income tax on the trust, Society, or Section-8 Company income, the ability to apply for government grants, and the eligibility for tax-deductible donations from donors.

To be eligible for 12A Registration, a Trust, Society, or Section-8 Company must be registered as a charitable trust or society and have a clear and defined charitable objective. It must also have a proper governing body, a bank account in the name of the Trust, Society, or Section-8 Company, and maintain proper books of accounts.