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Procedure for registration of trust in income tax

Basant Kumar Chowdhary (Assistant Accountant) (37 Points)

12 January 2016

Dear, We have formed a trust with name of Avsar Foundation, we have filled form Form 10 A and Form 10 G, but i don't no next procedure about registration under section 12 A ( a ) and 80G (5) (VI) of the Income Tax act 1961, please guide me what to do next, where to go , what will be the procedure for registration under Income Tax

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CA Mehul Chudasama (Chartered Accountant) (618 Points)
Replied 13 January 2016

PROCEDURE FOR REGISTRATION:-

Step-1: Dully filled-in application will be submitted to the exemption section of the Income Tax Department.

Step-2: NGO will receive notice for clarifications from Income Tax Department in 2-3 months after applying.

Step-3: Reply of notice will be submitted by the consultant along with all relevant desired documents to the Income Tax Departments.

Step-4: Consultant will personally visit the Income Tax Departments to follow-up the case on behalf of the applicant organization.

Step-5: Exemption Certificate will be issued.

Documents required for registration u/s 12A AND 80G:

Dully filled in Form – 10A for registration u/s 12A registration;

Dully filled in Form – 10G for registration u/s 80G registration; Registration Certificate and MOA /Trust Deed (two copies – self attested by NGO head);

NOC from Landlord (where registered office is situated);

Copy of PAN card of NGO; E

lectricity Bill / House tax Receipt /Water Bill (photocopy);

Evidence of welfare activities carried out & Progress Report since inception or last 3 years;

Books of Accounts, Balance Sheet & ITR (if any), since inception or last 3years;

List of donors along with their address and PAN;

List of governing body board of trustees members with their contact details;

Deed for verification Original RC and MOA /Trust;

Authority letter in favor of NGO Factory; Any other document/ affidavit / undertaking information asked by the Income Tax department