Even though NGOs work for social causes and are not-for-profit, income tax filing is mandatory. The government requires all NGOs registered as trusts, societies, or Section 8 companies to report their finances by filing income tax returns (ITR). If you miss filing, you may face penalties or, worse, lose your tax-exempt status!
Even though NGOs work for social causes. Even though NGOs work for social causes. Even though NGOs work for social causes..
Even though NGOs work for social causes and are not-for-profit, income tax filing is mandatory. The government requires all NGOs registered as trusts, societies, or Section 8 companies to report their finances by filing income tax returns (ITR). If you miss filing, you may face penalties or, worse, lose your tax-exempt status!
dwdwdwdd
Our Service
Even though NGOs work for social causes and are not-for-profit, income tax filing is mandatory. The government requires all NGOs registered as trusts, societies, or Section 8 companies to report their finances by filing income tax returns (ITR). If you miss filing, you may face penalties or, worse, lose your tax-exempt status!
To keep your NGO compliant and tax-exempt, you must file ITR-5/ITR-7 before July 31 (if no audit is required) or by September 30 (if needed). Also, ensure that your 12A and 80G registrations are updated to continue availing tax benefits.
At NGO Experts, we help NGOs navigate tax compliance smoothly so you can focus on making an impact without worrying about legal hassles. Whether it’s handling paperwork, documentation, or submission, we ensure a hassle-free income tax filing experience for NGOs of all sizes.
Income tax filing is not just about compliance; it offers numerous benefits that help NGOs operate smoothly and maintain their credibility. By ensuring timely filing, your NGO can continue to avail tax exemptions, build trust with donors, and secure funding opportunities.
Stay Legally Compliant – Avoid unnecessary penalties, tax notices, or even losing your 12A and 80G registrations by keeping your NGO’s tax filings up to date.
Maintain Tax-Exempt Status – As long as your NGO stays compliant, you won’t have to worry about paying tax on eligible income.
Boost Credibility for Funding – Donors, CSR funders, and grant providers trust NGOs that follow proper financial reporting and compliance norms.
Ensure Smooth Operations – Timely ITR filing helps secure bank loans, grants, and FCRA approvals without hassle.
Avoid Heavy Penalties –Filing late can result in fines of up to ₹10,000, along with more attention from the Income Tax Department.
Better Financial Planning – A well-maintained tax record gives a clear picture of your NGO’s finances, making budget planning and resource allocation much easier.
For NGOs that do not have 12A registration or earn income beyond the prescribed limits, the following tax slabs apply:
Income Range |
Applicable Tax Rate |
---|---|
Up to ₹2.5 lakh |
No Tax |
₹2.5 lakh - ₹5 lakh |
5% |
₹5 lakh - ₹10 lakh |
20% |
Above ₹10 lakh |
30% |
dwdwd