Section 12A registration under the Income Tax Act, 1961 grants a charitable trust, society, or Section 8 company exemption from income tax on its surplus income (subject to conditions). RINSON BUSINESS provides complete consultancy for 12A registration via Form 10A/10AB on the income tax e-filing portal.
12A registration is a one-time (subject to periodic renewal under current law) registration that allows a genuinely charitable organisation's income to be exempt from tax, provided the income is applied towards the organisation's charitable objects and other conditions under Sections 11-13 are met.