12A & 80G LICENSE APPLICATIONS
The application for 12A and 80G certificate can be filed together or can file separately as well. The application under Section 12A needs to be filed the application under Section 80G. The applications shall be a file with the commissioner of Income Tax having jurisdiction over the institution.
12A and 80G registration are recommendable for all the NGOs, whether it is Trust, Society, or Section 8 Company.NGOs with 12A registration can claim a complete exemption from the Income Tax Department. However, those with 80G certification get the advantage of attracting more donors to the organization for donating funds.
If, being an NGO you don’t obtain such registrations; then you will be subject to regular tax rates. Furthermore, attracting donors for donations become arduous.
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