10 July 2024
To provide a brief note on the charitable trust activities over the last three years for applying for 80G exemption, you should compile the following information:
1. **Overview of Activities:** - Describe the charitable activities undertaken by the trust over the past three years. Include details on the nature of activities, beneficiaries, and geographical reach.
2. **Financial Information:** - Provide a summary of the financial statements for the last three years, including income and expenditure. Highlight any significant contributions, donations received, and grants utilized for charitable purposes.
3. **Impact and Achievements:** - Outline the impact of the trust's activities on the community or beneficiaries. Mention specific achievements, projects completed, or milestones reached during this period.
4. **Compliance and Governance:** - Confirm that the trust has been compliant with all statutory requirements under the Income Tax Act and other relevant laws. Mention any audits conducted and compliance reports filed.
5. **Future Plans:** - Briefly discuss the trust's future plans and projects intended to further its charitable objectives. This can include expansion of activities, partnerships, or new initiatives.
6. **Supporting Documents:** - Attach necessary documents such as audited financial statements, activity reports, beneficiary testimonials (if available), and any other relevant documentation that supports the trust's eligibility for 80G exemption.
7. **Conclusion:** - Summarize why the trust qualifies for 80G exemption based on its activities, impact, financial prudence, and compliance with regulatory requirements.
Ensure the note is concise, factual, and provides a clear picture of the trust's charitable endeavors over the specified period. This information will support your application for 80G exemption effectively.
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