Overview
Charitable trusts, societies and Section 8 companies file their income-tax return (ITR-7) and must comply with exemption conditions under 12A/12AB to keep their income exempt.
CorpRaasta prepares the return with proper application-of-income computation and exemption disclosures.
What is Trust / NGO Tax Filing?
Trust/NGO tax filing is the submission of the income-tax return (ITR-7) for charitable and religious trusts, societies and Section 8 companies.
Who needs it
Charitable and religious trusts
Registered societies
Section 8 companies
NGOs with 12A/80G registrations
Documents required
PAN and registration/12A details
Financial statements
Donation and grant details
Application-of-income details
Audit report (if applicable)
How it works
01
Compile data
We gather receipts, application and audit details.
02
Compute
Application of income and exemption are computed.
03
Prepare ITR-7
The return is prepared with disclosures.
04
E-file
The return is filed and verified.
Benefits
Maintains income-tax exemption
Accurate application-of-income compliance
Proper exemption disclosures
Supports grants and donor trust
Expert NGO tax handling
HOW CORPRAASTA HELPS
What we do for you
Application-of-income computation
ITR-7 preparation
Filing and verification