Filing of Income Tax Returns & Audit Report in Form 10B for AY 2021 22 is Extended
Filing of Income Tax Returns & Audit Report in Form 10B for AY 2021 22 is Extended
85% of total Income needs to be applied for Charitable or Religious purposes during the year
Validity of FCRA registration has been extended to 31st March, 2022
GST ON GRANT AND DONATION
Analysing the recent advance ruling by Maharashtra Authority
Expenditure on certain activities are not included as CSR Expenditure
Renewal of existing 12A/80G registrations
TDS is deducted on Cash Withdrawals
Registration under 12A and 80G is mandatory for CSR implementation
Organization need to follow Employee Provident fund provisions in certain cases
NGO can invest only in modes prescribed u/s 11(5) of the Act