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Category: NGO

TAX ON ACCRETED INCOME -NGO

May 28, 2022
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An Introduction for Accreted Tax (Exit Tax) U/S 115TD :- Before the introduction of section 115TD,no provision in the Income Tax Act ensured that the corpus and asset base of the trust over some time is used for charitable purposes with a promise to be used for charitable purposes and is not used for any […]

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10 BD FORM- Statement & Certificate of Section 80G deduction

May 24, 2022
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Legal provisions Relating to Sec. 80G and Section 35 :- section 80G of the Act has been amended by finance act and inserted a clause (viii) to the sub-section (5) of the said section to provide for the furnishing of a statement of donation received by a trust or an NGO or an institution approved […]

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Society Registration Company In India

SOCIETY REGISTRATION IN INDIA

July 02, 2021
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A society is a group of people joint together by their consent knowingly, identifying and act mutually for a common goal. Societies are generally registered for promoting charitable activities such as art, religion, culture, education, music, sports, etc., Here in India, the Societies Registration Act, 1860 states procedures for society registration and their operation in […]

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Corporate Social Responsibility | CSR-1 Filing

CORPORATE SOCIAL RESPONSIBLITY-A DETAILED OVERVIEW

Corporate Social Responsibility (CSR) is known as a Company’s responsibility in favour of the community as well as environment (both ecological and social) in which it operates. The companies complete this responsibility with the help of waste and pollution reduction processes, by contributing educational and social programs, by being environmentally friendly and by undertaking activities […]

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SECTION 8 COMPANY -A DETAILED OVERVIEW

July 02, 2021
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Introduction: India, the 3 legal ways that exist for a Non-Profit Organizations or NGO and they are Trusts, Societies and Section 8 Companies. Indian Societies have various institutional and legal frameworks that varies from state to state where as Section 8 companies has one unchanging law all across the country – Companies Act, 2013. It […]

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FCRA Return Filing | FCRA Annual Return Filing | FCRA Quarterly Return Filing

FCRA-RETURN FILING-ANNUAL/QUARTERLY

FCRA Annual Return Filling Organization that are listed under the FCRA must hold separate records under the Head Office of the FC and provide prescribed templates to the Ministry with the audited report of records of previous year. Any of the companies getting the foreign donations are expected to have issued a certification from a […]

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FCRA-PERMANENT PREMISSION UNDER NGO

July 02, 2021
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This generates applicability for those Associations that are already registered under the prevailing statute such as Societies Registration Act, 1860, Section 8 of Companies Act,2013 or Indian Trust Act,1882 and these Associations must exist for at least 3 years and thus undertaken charitable activities in such field. These Association must have spent at least Rs.10 […]

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FCRA-PRIOR PREMISSION UNDER NGO

July 02, 2021
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Overview Any individual, if not registered under the Central Government, can receive foreign contribution only soon after getting the prior permission of the Central Government and with such prior permission this can be valid for a particular purpose for which it is obtained and from the specific source. Any association registered through the Central Government […]

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FCRA REGISTRATION FOR NGO

July 02, 2021
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In accordance with the present situation, the world focuses more towards environmental and social causes. Itself the business, apart from the basic objective that is profit-making, are further involved in such activities that promote economic, cultural, social and environmental prosperity and growth. In Today’s world is well connected and linked where accessibility to any wherein […]

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SPECIEMEN OF SOCIETY MEMORANDUM

May 12, 2021
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MEMORANDUM OF ASSOCIATION OF THE SOCIETY NAMELY ‘NAME OF THE SOCIETY‘   NAME OF THE SOCIETY: The Name of the Society shall be ‘NAME OF THE SOCIETY’ (Hereinafter called the Society) REGISTERED OFFICE: The registered office of the Society shall remain in the Name of the State and at present it is Full address of […]

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