What is an 80G Certificate?
The Income Tax Department issues an 80G Certificate to a non-governmental organization (NGO) such as a charity trust or a Section 8 Corporation. The 80G Certificate is given to encourage donors to provide money to non-profit organizations. Furthermore, when a donor makes a donation to such an organization, they are allowed to deduct that amount from their Gross Total Income, which results in a tax exemption of 50%. In order to qualify for the exemption, the donor must also submit a stamped receipt for the donation. The name of the donor, the date of the donation, and the organization’s PAN must all be included on the receipt.
What is 12A Registration?
Trusts, NGOs, and Section 8 Companies are all eligible for a one-time tax exemption under Section 12 A of the Income Tax Act of 1961. Organizations with a Section 12A registration are free from paying taxes on their surplus income.
Non-governmental organizations (NGOs) are charity and non-profit organizations. They do, however, earn money and must pay tax at regular rates if they are not registered under Section 12A of the Income Tax Act.
Only NGOs and Charitable Organizations that meet the following criteria are eligible for the 80G and 12A registrations:
| Tax benefits to donors | 80G registration allows donors to claim tax deductions on the donations made to the registered non-profit organization. This can incentivize donors to contribute more towards the organization’s charitable activities |
| Tax exemption on income | 12A registration allows non-profit organizations to claim tax exemption on their income, which can be used for the promotion of their charitable activities. This can help the organization to utilize its resources effectively and achieve its charitable objectives |
| Increased credibility | Obtaining 80G and 12A registrations can enhance the credibility of the non-profit organization, as it indicates that the organization has met certain standards and compliances laid down by the Income Tax Act |
| Enhanced donor trust | With 80G and 12A registrations, donors can be assured that their donations will be utilized for genuine charitable activities, as the organization is subject to certain regulations and reporting requirements |
| Improved visibility | Non-profit organizations with 80G and 12A registrations are listed on the Income Tax Department’s website, which can increase their visibility and credibility among donors and the general public |
Procedure for registering for the 80G :
Note: The validity of an 80G Certificate is for the institution’s lifetime.
Procedure for 12A Registration Online in India :
12A Registration can be revoked at any moment if the organisation can show that it is engaged in the following activities:
Documents Required for the 80G Registration:
Documents Required for the 12A Registration:
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