Essential Requirements for 80g Registration and Compliance
To acquire 80g registration, charitable agencies must meet criteria. They need to be registered under the Income Tax Act and operate for charitable functions. Essential documentation consists of a trust, deed or memorandum of affiliation, evidence of registration and financial statements. Compliance with annual filing, necessities and preserving proper data is vital to maintain the status. Meeting those conditions guarantees eligibility for tax deductions on donations received, fostering transparency and accountability.