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Writer's pictureRavi Bagaria

Revalidation of 12A/12AA and 80G

The Central Board of Direct Taxes, on the 26th of March 2021, notified the much-awaited forms, procedures, and required list of documents for organisations 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.


Form #:

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


To see the actual amendment click here



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