80G & 12A Registration Explained in Hindi | What is 80G & 12A in NGO | NGO Taxation | Pratham Legal

80G & 12A Registration Explained in Hindi | What is 80G & 12A in NGO | NGO Taxation | Pratham Legal

80G and 12A of the Income Tax Act, 1961 says that any NGO if registered under Section 80G, will be able to issue a Certificate to its donors which will ultimately help the donors to claim tax exemption/benefits upto 50% of total donated amount in any financial year. Also 12A helps to keep the entire profit/excess income over expenditure of any NGO in a financial year with itself and avoid income tax payments to government. Both 80G and 12A registrations are extremely important registration/recognition for any NGO.

80G & 12A registrations encourages the donors to donate frequently and more money to a NGO which has got itself registered under these as donor enjoy personal income tax benefits and save lot of taxes.

In this video CS Prashant Kumar has explained about Section 80G & 12A of Income Tax Act, 1961 in simple, easy to understand language in Hindi.

Timestamp:
0:00 Introduction
2:04 What is Section 80G of Income Tax Act, 1961
9:36 What is Section 12A of Income Tax Act, 1961

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