Category : 12a and 80g

Introduction A comprehensive piece of law that controls taxation in India is called the Income Tax Act.. It lays down the provisions and guidelines for various tax-related matters, including exemptions and deductions. Section 12AA of the Income Tax Act holds significant importance in

Table of Contents Introduction When running a charity or non-profit group, it’s important to know about the different tax exemptions and certifications that are available. The 12A and 80G licenses are two important ones in this area. These papers are important for groups

Introduction In the realm of nonprofit organizations and charitable institutions in India, certain provisions under the Income Tax Act, of 1961, play a vital role. Two such provisions are 12A and 80G, which provide significant benefits and incentives to organizations engaged in philanthropic