Revalidation of 12A/12AA and 80G for Trusts and NGO
The Central Board of Direct Taxes, on the 26th of March 2021, notified the much-awaited forms, procedures, and required list of documents for organisation who are holding registration under section 12A/12AA/10(23)/35/80G(5).
The Income-tax (6th Amendment) Rules, 2021 shall come into force from 1st April 2021.
For Who:
NGOs already registered under section 12A or 12AA or 10(23) and have an 80G certificate must file form 10A. This form shall be furnished electronically and verified using a digital signature or through an EVC as applicable.
Forms:
The person who’s authorised to verify the income tax returns shall verify the Form 10A.
By when:
Organisations with existing registrations under section 12A/12AA shall file the application within three months from the 1st day of April 2021. (i.e. before 30th June 2021)
Documents:
The application shall be accompanied by the following documents, —
1. Self-certified copy of the Trust deed, Memorandum of Association, Articles of Association, etc
2. Self-certified copy of Certificate of Incorporation, Registration certificate with Charity Commissioner, or Registration of deed with Registrar
3. Self-certified copy of FCRA Certificate, if registered
4. Self-certified copy of 12A/12AA/80G registration certificate
5. Self-certified copy of the order of rejection of 12A/12AA/80G, if any
6. Self-certified copy of annual accounts for previous three financial years
7. Self-certified copy of annuals accounts of business undertaking AND audit reports under section 44AB, if any
8. Self-certified copy of the documents evidencing adoption or modification of the objects;
9. a note on the activities of the organisation
