Income Tax

Registration for Trust or NGO Under 12A of Income Tax act.

19th May 2019

Registration for Trust or NGO Under 12A of Income Tax act. 12A registration is one time exemption obtained by most Trusts, right after incorporation to be exempted from paying income tax. Section 8 Company, Trusts and NGOs having 12A registration enjoy exemption from paying income tax on the surplus income of the Trust or NGO. Benefits of 12A Registration The benefits of Section 12A Registration are as follows. […]

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