ARE YOU HAVING 80G CERTIFICATE? MANDATORY RE-REGISTERATION HAS TO BE DONE BEFORE 30TH JUNE 2021
The new amendment for Trust or institution under 80G is required to file Form Nos. 10A or 10AB, as the case may be for the purpose of validation of existing registration and re- approvals for Trust under 80G . These forms will be verified by the person who is authorised to verify the return of income under section 140, as applicable to the applicant. The concept of perpetuity is now withdrawn and all the existing 80G approvals needs to be revalidated and the application for the same should be submitted within three months from the date on which the proposed amendment came into force (i.e. 1st April 2021).
This revalidation will be valid for a period of 5 years after which approval for 80G has to be again applied for atleast 6 months prior to the validity period. On receipt of an application in Form No.10A, the Principal Commissioner or Commissioner, authorised by the Board shall pass an order in writing granting approval of section 80G in form 10AC and issue a 16 digit alphanumeric Unique Registration Number (URN) to the applicants making application.
Eligibility to get 80G Certification:
List of Documents to be Attached:
Step wise process for validation of existing registration and re- approvals for Trust under 80G
Step 1: Go to https://www.incometaxindiaefiling.gov.in
Step 2: Login – Enter your User ID & Password
Step 3: Go to e-file and select Income Tax Forms
Step 4: Select Form 10A- Application for registration or provisional registration or intimation or approval or provisional approval and click on the Continue Tab.
Step 5: the General Instruction page will appear kindly read the general instruction very carefully.
Step 6: Fill the form with required details.
Note: the grey out fields are either auto-filled or non- editable
The difference between filing 12AB and 80G is the section code that you would be selecting. The other process is the same as filing for 12AB.
For Revalidation of 80G Approval- Section code 11 is to be selected
Which states as follows;
11-Clause (i) of first proviso to sub-section (5) of section 80G
To fill form 10A in detail you can follow the link below for a better understanding https://facelesscompliance.com/22097/stepwise-process-for-re-registration-of-trust-and-ngo-in-income-tax-under-form-10a
Part 7: Verification – Preview the detail filled and submit with DSC if the Income Tax return is submitted with DSC or in other cases submission can be done by EVC.
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