If an NGO succeeds in getting such an approval for its projects then it stands a very to identify projects and schemes to be notified under section 35AC, such committee Further, the NGOs should also send an Annual Report to the National. [Expenditure on eligible projects or schemes. 75a. 35AC. (ii) a report in respect of such eligible project or scheme has not been. Project Report 35 AC. Submit FCRA registration proposal with following documents- 1. Copy of registration certification; 2. Trust Deed /Certification of.

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Projecct other information as the organization may like to present to National Committee. These conglomerations mastermind their stores through donations made to them by the government or different people or corporate figures.

Therefore, unlike section 35AC, deduction under section 80GGA cannot be carried forward in the form of losses to next year.

35AC Project in Sirka – Aditya NGO Consultancy

The application is to be made in 2 Sets, written either in Hindi or English. A Non Government Organization is made for the welfare porject the society. The certificate is to be issued in Form 58A. After the expiry, the organization has to renew its 35ac. Extension may be provided as per the satisfactory implementation of project. Skip to Main Content. Click Here for Form 58A.

This certificate required for the donor to claim exemption from its taxable income. Under segment 35 ac, organizations having livelihood from business can get hundred percent tax rebate.

Income Tax for NGOs

The endorsement under section 35 ac is for three years. Business houses making contribution to such approved projects are allowed to show an amount of donation as expenditure in their regular books of accounts. Certificate should be issued to the Donor:.

Tax Calendar for The National committee may also approve new rpeort oriented projects if it is finding useful for the society or if they are satisfied as per the requirements of the community. How to apply for 35ac approval?

35AC Project in Sirka

How to apply for 35AC 1. Therefore, for the assessees who do do not have income from business or profession, section 80GGA provides for deduction on donations made to eligible projects under section 35AC. As the approval under section 35 AC is not permanent in nature. Such Annual Report should reach the National Committee by 30th June, after finishing the financial year in which the amount is received. Role of National CommitteeThe Central Government has constituted a National Committee to identify projects and schemes to be notified under section 35AC, such committee normally consists of eminent persons.


If the organization is notified under section 10 23 C or is approved for the purposes of section 80G, give particulars of such approvals granted.

All NGOs may as well benefit the playing point of these procurements to draw in potential givers. Construction and maintenance of bridges, public highways and other roads6. They require some monetary partner to run their welfare identified lives up to expectations. Tax Deduction Account Number. Business houses making contribution to such approved projects are allowed the benefits of deducting such contribution as expenditure. If an NGO succeeds in getting such an approval for its projects then it stands a very good chance of mobilising funds from the corporate and the business sector.

The certificate is to be issued in Form 58A repogt below. The Application has to 35af submitted along with following documents: Construction of dwelling units for the economically weaker sections 3. We will provide you a complete guidance for your all registration requirements. Certificate should be issued to the Donor: Contact Details, crystalvisionweb gmail. Construction of school buildings, preliminary for children belonging to the economically weaker sections of the society4.

The provision of this Act is to initiate and promote reinvestment of business profits in sectors where tremendous capital input is required for social economic development, a tax rebate has been provided under section 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.

Section 35AC is one of such sections.

Brief particulars of activities of the NGO during last 3 years of date of application. Treatment of Capital Gains. The Income Tax Act has certain provisions which offer tax benefits to the “donors”. Aditya NGO Consultancy provides 35AC Project in Sirka that help you to your NGO trust, society or nonprofit company to get approval to provide tax exemption to the donors who donates funds only for a specific social welfare project or social welfare schemes.


Audit and Filing the Return. We will handle all the legal procedure of registration and our client do not need trouble while registration. Hence, Non Government Organizations can raise millions of rupees for approved projects under section 35 AC of Income Tax Act leading to mutually beneficial relationship between corporate sector and civil society.

All NGOs should avail the advantage of these provisions to attract potential donors. So to lure the fund for these welfare conglomerations, the government has given some duty relief and profits to those making donations. Establishment and running of non-conventional and renewable source of energy systems5.

Section 35ac is one of such segments. This certificate will enable the donor to claim exemptions.

Construction and maintenance of drinking water projects in rural areas and in urban slums, including installation relort pump-sets, digging of wells, tube-wells and lying of pipes for supply of drinking water 2.

To withdraw a project National Committee should pfoject an opportunity of being heard to the aggrieved organisation. Magnanimous organizations can get enlisted themselves under section 35 ac by applying to the National Committee in the event that they are carrying on any business.

Project Report 35 AC

The mission of the said provision is to uplift business organizations and wealthy individuals to grant more in social and economic welfare of general public. Anyway this segment furnishes benefit to just those assessees who have salary from the head business.

We are providing registration services across India.