SCOPE
What the work covers
Registration: 12AB and section 332
Registration and renewal under section 12AB of the Income-tax Act, 1961 and, from 1 April 2026, section 332 of the Income-tax Act, 2025. Existing registrations continue until expiry as registered non-profit organisations.
Approval: 80G and section 354
Approval and renewal under section 80G of the 1961 Act and section 354 of the 2025 Act, and statements of donations received.
Taxation and accumulation
Application of income, accumulation and returns of income.
Audit of trusts and societies
Statutory and tax audits of trusts, societies and not-for-profit companies.
FCRA compliance
Registration, renewal, annual returns and accounts for foreign contribution.
Governance and records
Books, registers and internal controls suited to the institution.
APPROACH
How matters are handled
Charitable institutions are taxed and regulated differently from businesses. Registration, application of income and FCRA conditions are reviewed together, so that tax exemption and foreign-contribution compliance stay consistent. The move from the Income-tax Act, 1961 to the Income-tax Act, 2025 is reviewed for each institution, including renewal dates for existing registrations and approvals.
01
Status review
Registrations, approvals and deeds are reviewed.
02
Records
Books and registers are aligned with the conditions.
03
Audit and returns
Audits are conducted and returns filed.
04
Renewals
Renewal and reporting dates are tracked.
LAWS AND FORUMS
The legal framework
LAWS
Income-tax Act, 1961: sections 12AB and 80G
Income-tax Act, 2025: section 332 (registration), section 354 (donations) and the provisions for registered non-profit organisations
FCRA, 2010
Travancore-Cochin Literary, Scientific and Charitable Societies Registration Act, 1955
Indian Trusts Act, 1882
TYPICAL OUTPUTS
Registration and approval applications
Audit reports
Returns of income
FCRA returns and accounts
