Sector overview
Charitable trusts, societies, and Section 8 companies operate under specialized tax laws designed to support non-profit activities. Key areas include obtaining and renewing tax exemptions (12A/80G) and maintaining compliance under FCRA for foreign funding. We provide audit services, tax exemption advisory, and regulatory compliance support for charitable organizations, educational institutions, and healthcare trusts.
Common challenges
- Filing renewals for 5-year registrations under Section 12AB and 80G.
- Maintaining compliance under FCRA for receiving and utilizing foreign donations.
- Ensuring that 85% of trust income is applied to charitable purposes annually.
- Reconciling and filing donor declarations in Form 10BD.
How we support this industry
- Statutory audits for public trusts and Section 8 companies.
- Filing applications for 12A and 80G tax registrations.
- FCRA registration, renewal, and annual compliance support (FC-4).
- Advising on compliance requirements for corporate CSR funding.
