End-to-end income tax compliance for charitable trusts, societies, and Section 8 companies — from 12AB & 80G registration to annual ITR-7 filing and audit reports.
Without these, your trust pays tax on surplus income and donors cannot claim deductions — both are critical to fundraising credibility.
Mandatory for a trust or society to claim exemption on income applied for charitable or religious purposes. Formerly 12A — now renewed every 5 years under the updated regime.
Enables donors to claim a 50% or 100% deduction on donations made to your trust. This certificate is a key fundraising credential — most corporate CSR donors require it before releasing funds.
Under the revised regime, both 12AB and 80G must be renewed every 5 years. A lapse in either certificate means your trust loses tax-exempt status and donors lose their deduction — we track renewal dates proactively.
Every return, form, audit report, and statement your trust is required to file — handled by specialists who understand the charitable sector.
Trusts, societies, and Section 8 companies registered under Sections 12AB or 10(23C) are required to file ITR-7 annually. We prepare and file this return, ensuring accurate reporting of income, expenditure, and application of funds within prescribed time limits.
Trusts claiming exemption under Section 11 must file a Chartered Accountant's audit report in Form 10B (for domestic trusts) or Form 10BB (for trusts under Section 10(23C)) before the ITR-7 due date. We conduct the audit and file the report electronically.
A trust that cannot apply its entire income in the current year and wishes to accumulate funds for specific purposes can do so for up to 5 years — but must file Form 10 before the return due date. We prepare this form and maintain the accumulation register.
Where income is not received during the year but is deemed to be applied (e.g., receivable amounts treated as applied), Form 9A is required. This form is critical to avoid an inadvertent tax liability on income that has not actually been received.
Charitable organisations are required to maintain and present specific financial statements — not a P&L, but an Income & Expenditure Account paired with a Balance Sheet. We prepare these in the format prescribed by the Income Tax Act and applicable trust laws, ensuring they are audit-ready and comply with reporting requirements.
Open new ledger accounts. Review Form 10 (accumulation) commitments from prior year. Ensure 85% application target is tracked from the start.
1 AprilFile statement of donation received from donors during the preceding financial year and issue Form 10BE certificates to donors. Mandatory for 80G holders.
31 MayFile Form 9A (deferment of application) and Form 10 (accumulation of income) for the year ending 31 March — must precede ITR-7 filing.
By due date of ITR-7Statutory audit completed, Form 10B / 10BB filed by CA, followed by ITR-7. This is the most critical compliance deadline for charitable organisations.
31 OctoberAll returns filed, audit reports uploaded, donor certificates issued. Trust retains exemption status and donors retain their deduction claims — mission supported, legally sound.
31 March (close of year)Deep expertise in Sections 11–13 and the unique compliance requirements of trusts and NGOs.
We track every Form 10, 9A, 10B, 10BD, and ITR-7 deadline so your exemption status is never at risk.
We appear before CIT (Exemptions) for 12AB / 80G matters and respond to any notices issued to the trust.
We track the 5-year renewal cycle for 12AB and 80G and initiate applications well before the expiry date.
Speak with our team today. We'll handle your 12AB, 80G, ITR-7, and all trust compliance — so you can focus on your mission.
4th Floor, Solitaire 1, New Link Rd, Malad West, Mumbai 400064.
+91-8169820387 | 022-46022657