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80g section80g - India

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About 80g Section80g

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80g Section80g is currently living in India, working as a Ngo consultancy in "Crystal vision" and is interested in Other.
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Job Title

Ngo consultancy

Company

Company Website

http://www.80g.co.in

Location

India

Categories of Interest

Other

My Interests

Business

Join Date

80g section80g has joined on Jan 12, 2016

Resume

Section 80G of the Income Tax Act, 1961 obtain an Income Tax Payee to assert deduction for contribution made by them to specific organizations. You will get Earnings Tax advantages only in the case you have actually applied for Income Tax 80G benefits.

REGISTRATION TREATMENT

Normally the NGO which is 6 months old is taken into consideration to get the certification from the Government. You can also use for this after 1 or 2 months after registering the NGO but in this case you will have to submit all the information of your works like: You have to reveal the expenses of the social work that you have done and some of the pictures of your work along with the required documents which are discussed below.

- Photocopy of registration certificate,.
- Memorandum of the non government company,.
- Annual Report,.
- Balance Sheets,.
- PAN Card of the NGO,.
- Financial account information of the NGO together with Bank Statements.
- Costs of the social activities you have actually done for the NGO,.
- Photos of the charitable activities.

AMOUNT OF TIME.

This might take four to 6 months to get the certificate from the Earnings Tax Department.

BENEFITS.It is not just that a person can get tax benefit by section 80g, even business organizations and government ministries also provide importance to those NGOs which are registered under section 80g. If a government ministry problems a sanction letter to these NGOs, they likewise avail 50 % tax rebate out of the funds supplied to those NGOs. To look for corporate funding, an NGO should be gotten under this section as corporate companies just shortlist those social well-being organizations which are having registration under section 80g of Income Tax Act 1961.

Quick Profile Summary

80g section80g
Name: 80g Section80g
Link: http://www.salespider.com/p-18306693/80g-section80g
Location: India
Job Title: Ngo consultancy
Company: Crystal vision

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