Why File ITR for Societies and Trusts?
- Legal Compliance: Mandatory under the Income Tax Act for registered entities.
- Tax Exemptions: Claim exemptions under Sections 11 and 12 (if applicable).
- Transparency: Maintain clear financial records for audits and donors.
ITR Filing for Societies and Trusts
₹8999
Now ₹7499
Now ₹7499
Our Services
- Preparation and filing of ITR for societies and trusts.
- Guidance on tax exemptions under Sections 11, 12, and 80G.
- Computation of taxable income and eligible deductions.
- Assistance with FCRA compliance (if applicable).
- Expert consultation for financial transparency.
Who Should Opt?
Registered societies, trusts, and non-profit organizations required to file ITR or seeking tax exemptions.
Documents Required
- Trust Deed/Society Registration Certificate: Clear scan.
- PAN of the Society/Trust: Scanned copy.
- Financial Statements: Profit & Loss, Balance Sheet.
- Bank Statements: Last financial year’s statements.
- 80G/12A Certificate (if applicable): Scanned copy.
- FCRA Registration (if applicable): Scanned copy.
What the Client Gets
- Acknowledgment of ITR filing.
- Tax computation and exemption report.
- Compliance guide for 80G/12A/FCRA (if applicable).
- Financial transparency consultation.
Advantages
- Ensures compliance with Income Tax laws.
- Maximizes tax exemptions under Sections 11, 12, and 80G.
- Enhances credibility with donors and authorities.
Disadvantages
- Requires detailed financial documentation.
- Complex compliance for organizations with multiple funding sources.
Comparison
| Feature | Society/Trust | Private Limited Company |
|---|---|---|
| Tax Filing | Mandatory ITR, exemptions available | Mandatory ITR, no exemptions |
| Purpose | Non-profit, social welfare | Profit-oriented |
| Compliance Cost | Moderate | High |
Frequently Asked Questions (FAQs)
Why Choose Filingg.com?
- Expert tax professionals for non-profit compliance.
- Fast and transparent filing process.
- Affordable pricing with no hidden costs.
Get Started Today! File your society or trust’s ITR with Filingg.com.
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