Name

Name

siddharth

Personal details

Location

New Delhi

Web

http://www.taxexemption.in/80g.html

Short Bio

The Chief Commissioner of Income Tax can affirm companies under this section. Prior Religious Institutions were clearly not allowed to be employed U/s 80g. Those associations whose amount is not determined with religious exercises were allowed. Presently, those religious associations which used an amount not going beyond 5 % of its horrible salary to spiritual exercise are in addition certified to be registered.
All organizations get enlistment given that they please the accompanying conditions:-.

1. The Institutions ought not to utilize any income or holdings for any reason besides a suitable reason.
2. The Organization ought not to be for the earnings of any specific faith, group, or station The Institution should maintain typical records.
3. The Institution should be enlisted under the Societies Registration Act or any possible contrast Welfare act.
4. Their costs of religious action ought not to go beyond 5 % of aggregate income.
5. They ought to send their wage evaluation type typically. To get your public enlisted U/s 80g, you have to use in structure no. 10g.
6. Type No. 10g requires the accompanying crucial data:-.
a)Name and Address of the Organization.
b)Name and Address of the work environment bearers.

History

Member for

9 years 5 months