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      80G REGISTRATION

      80G registration is a registration process for non-profit organizations in India that allows donors to claim tax deductions on donations made to these organizations. The registration is granted under Section 80G of the Income Tax Act, 1961.

      The main objective of 80G registration is to encourage individuals and companies to make donations to non-profit organizations by providing them with tax benefits.

      Benefits of 80G Registration

      The benefits of 80G registration are as follows:

      Tax Deductions for Donors

      Donations made to organizations with 80G registration are eligible for tax deductions under Section 80G of the Income Tax Act. This encourages individuals and corporations to contribute to registered organizations by providing them with financial incentives.

      Enhanced Credibility

      80G registration enhances the credibility and trustworthiness of the organization in the eyes of potential donors. It demonstrates that the organization has met the necessary legal requirements and is recognized by the government as a genuine charitable or religious entity.

      Continuity of Existence

      Non-profit organizations with 80G registration can continue to operate even if there is a change in the composition of their board of trustees or management.

      Support from Government and Philanthropic Institutions

      Registered organizations with 80G certification may receive support from government bodies and philanthropic institutions. They may be eligible for government grants, partnerships, and collaborations, enabling them to expand their reach and impact.

      Better Outreach and Visibility

      Organizations with 80G registration are listed on the Income Tax Department's website, making them more visible to potential donors and supporters. This increased visibility can lead to greater awareness, wider outreach, and opportunities for engagement with the public.

      Compliance and Transparency

      80G registration requires organizations to maintain proper books of accounts, file annual income tax returns, and adhere to other compliance obligations. This promotes transparency and good governance practices within the organization.

      Increased Fundraising Potential

      Registered organizations with 80G certification often find it easier to attract donations and raise funds from various sources. Potential donors are more likely to contribute to organizations that offer tax benefits, which can significantly boost the organization's fundraising efforts.

      Increased Donor Confidence

      80G registration provides assurance to donors that their contributions will be utilized for genuine charitable or religious purposes. It helps build trust and confidence among donors, leading to potential long-term relationships and repeated donations.

      Eligibility for Government Funding

      Organizations with 80G registration are eligible to receive grants from the government for their activities.

      Access to Corporate Social Responsibility (CSR) Funds

      Many companies allocate funds for their corporate social responsibility initiatives. Having 80G registration makes an organization eligible to receive CSR funds from corporations, opening up opportunities for partnerships and funding support.

      Perpetual Benefit

      Once an organization obtains 80G registration, it typically remains valid for a specific period (such as 5 years or indefinitely). This means that the organization can continuously enjoy the benefits of tax-deductible donations and use them to further its charitable or religious activities.

      Competitive Advantage

      Having 80G registration provides a competitive advantage for organizations seeking funding or competing for grants. It sets registered organizations apart from non-registered ones and may increase their chances of securing financial support.

      Documents required for 80G registration

      1. Pan card of Trust/Society/Section-8 Company.
      2. Certificate of Trust/Society/Section-8 Company.
      3. Deed/MOA & RR and AOA of Trust/Society/Section-8 Company.
      4. All Members/Trustees/Directors  Aadhar card and pan card.
      5. List of Donors.
      6. Bills of Expenses.
      7. Photographs of work of organization.
      8. Bank Statement and Financial Statement of Trust/Society/Section-8 Company.
      9. List of events.

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