First of all, what is 80G? 80G is a section in the Income tax act. What does it do? In simple terms, it provides exemption to a person who donates money to a trust. But, the trust requires a 80G certificate for this section to apply. So, how do you get this certificate?
So, you have all the documents required now. Now, lets see how to get them ready for submission.
(if you don't, please click this link to see my previous article on the documents required).
Lets go step by step into this process.
Step 1:
First of all, draft a Board resolution. This resolution should state two things:
a. That the trust is making an application to the Tax authorities for getting Registered u/s 80G
b. That a certain person is authorized to sign and authenticate all documents submitted to the tax authorities.
If you want to see a sample board resolution, click here
Step 2:
Prepare a cover letter on the Letterhead of your trust. It should be addressed to the jurisdictional CIT (Exemptions). Also, it should contain particulars of documents submitted with the letter.
You can check out this letter from this link
Step 3:
Assort all your documents as per the list mentioned in the cover letter. Also, note that points C,D and E of the list need to be printed on the letter head of the Trust, duly stamped and signed by the authorized signatory (mentioned in the resolution)
But please notice that the documents have to be physically submitted to the concerned authority.
And now you are ready, just submit the documents and if deemed fit, you will receive your 80G certificate. But how long will it take?
Guess you will have to check out this article (LINK) for some frequently asked questions.
Chiranjibi Chapagain
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