12a registration process

The 12a registration system is important for non-profit agencies for the purpose of tax exemption in India. To start, a corporation must first establish its charitable popularity below the applied sections of the Income Tax Act. The process involves submitting a prepared utility form, generally 10a, with required files, such as the idea of ??enterprise deeds or Memorandum of Association, with the anger and the details of its games. On submission the utility is reviewed through the Income Tax Department. After verification, if all criteria are met, a certificate of registration is issued. This registration accepts the most effective tax benefits but also increases reliability, allows companies to attract donations and give additional effective grants.