12A. 3[ Conditions as to registration of trusts, etc. The provisions of section 11 and section 12 shall not apply in relation to the income of any trust or institution unless the following conditions are fulfilled, namely:-
35 ac approval helps the nonprofit ngo organisation, to encourage their donors towards fundraising for their specific approved social welfare projects and ngo issues donation certificate for tax exemption.
NGOs are difficult to define and classify, and the term 'NGO' is not used consistently. As a result, there are many different classifications in use. The most common use a framework that includes orientation and level of operation. An NGO's orientation refers to the type of activities it takes on. These activities might include human rights, environmental, or development work.
We provide the following services to NGO’S:
1) Project reports – We prepare the project reports for central govt. schemes, foreign funding agencies & industries. if you want project reports, Please contact us.
To undertake and promote reinvestment of business profits in areas where massive capital input is required for socio-economic development, a tax incentive has been provided under 35AC, of the Income Tax Act allowing for full deduction of the entire amount paid by a taxpayer carrying on a business or profession for financing projects or schemes promoting social and economic welfare. The objective of the said provision is to encourage business organizations and wealthy individuals to contribute more in social and economic welfare of general public.
To undertake and promote reinvestment of business profits in areas where massive capital input is required for socio-economic development, a tax incentive has been provided under 35AC, of the Income Tax Act allowing for full deduction of the entire amount paid by a taxpayer carrying on a business or profession for financing projects or schemes promoting social and economic welfare. The objective of the said provision is to encourage business organizations and wealthy individuals to contribute more in social and economic welfare of general public.
Introduction
A Two page flyer on the GEF-NGO Network Download here900KB
For Chinese language version, download here1MB
For Russian language version, download here350KB
The Non-Governmental Organization (NGO) Network of the Global Environment Facility (GEF), now known as the GEF-NGO Network, was established in May, 1995.
Introduction
A Two page flyer on the GEF-NGO Network Download here900KB
For Chinese language version, download here1MB
For Russian language version, download here350KB
The Non-Governmental Organization (NGO) Network of the Global Environment Facility (GEF), now known as the GEF-NGO Network, was established in May, 1995.
CHARITABLE PURPOSE
02 Section 2(15) of the Income Tax Act defines the term charitable purpose as under :
The expression “Charitable Purpose” includes the following :