Protect your NGO's tax exemption with correct ITR-7 filing.
Trusts, societies, Section 8 companies and other charitable institutions registered under 12A/12AB must file their income tax return in Form ITR-7. To retain their exemption, they must apply at least 85% of their income towards charitable objects, maintain proper books, and — where income exceeds the basic exemption limit before exemption — get their accounts audited and file Form 10B/10BB. Accurate ITR-7 filing is critical because errors or non-compliance can jeopardise the hard-earned 12A and 80G registrations and expose the organisation to tax on its entire income. We handle the computation, audit alignment and timely filing so your NGO's exemption stays fully protected.
Trusts, societies, Section 8 companies and charitable/religious institutions.
Timelines and government fees are indicative and subject to processing by the relevant authority. Approval and its timing are decided by the authority and cannot be guaranteed.
At least 85% of its income must be applied to charitable objects to retain exemption.
Form ITR-7 is used by trusts, societies and Section 8 companies.
Yes, Form 10B/10BB audit report is required where income exceeds the exemption limit before exemption.
Tax Guider — A unit of Corpzen Advisors Private Limited, Chennai, Tamil Nadu.
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