How it works

Step 1

Purchase a plan for expert assistance

Step 2

Provide documents to our experts

Step 3

The Certificate will reach your doorstep

Overview

10(23C) Registration is granted by the Income Tax Department, to a government-financed university, educational institution, hospital or any other medical institution existing solely for nonprofit objective to become fully exempt from income tax without the need to take any separate approvals. On the other hand, the exemption of a non-government (private) university, educational institution, hospital or any other medical institution, depends upon their aggregate annual receipts threshold. The Government has brought significant changes and has mandated the Renewal of Registration under Section 10(23C) for all the already registered non- profit institutions which needs to be completed by 31st March 2022. Failing to do so, your NGOs earlier registration shall cease to exist and all the income tax benefits shall lapse

Benefits

• Protect your institution from getting deregistered.
• Continue to keep your income tax exemptions.
• Enhance your credibility.

Eligibility

All Government and non-government universities, educational institutions, hospitals and medical institutions working for non -profit objectives.

Validity Period

Validity of Renewal of Registration under section 10 (23C) is 5 years.

Processing Time?

The overall process may take upto 3 Months depending upon the processing done by the Income Tax Department.

Documents Required :

• Documental Evidence of Creation/ Incorporation in case of a:
• Trust– Trust Deed
• Society– Registration Certificate and Memorandum of Association (MOA) of the society
• Section 8 Company – Certificate of Incorporation and MOA and AOA of the company.

•  PAN card of the organization
•  Details of members (Aadhaar Card/PAN, Mail Id, Mobile No.)
•  Annual accounts for the preceding three financial years
•  Where the income of the entity includes profits and gains of business :
  • Annual accounts for the preceding three financial years
  • Audit report u/s 44AB for the preceding three financial years 
• Updated Accounts till the date of application.
• Registration under FCRA, if any.
• NGO Darpan Registration Id, if any.
•  Documents evidencing adoption or modification of the objects, if any;
•  Documents evidencing changes in members, if any;
• Note on the activities of the applicant.

• Copy of existing order granting registration under section 10(23C);

• Digital signature of the authorized person (Don’t have DSC, No worries avail our complimentary services to get your DSC) 

Note: – All the documents have to be self-certified.

Note:- All the documents have to be self-certified

Frequently Asked Questions

• Who is required to apply for renewal of registration under section 10(23C)?

  All Government and non-government universities, educational institutions, hospitals and medical institutions working for non-profit objectives, if they want to claim an exemption under the Income Tax Act are eligible for re-registration before 31st March 2022.

• Do I have to be physically present during the process?

  It’s a completely online process so; it doesn’t require your physical presence at any stage.

• What if the existing NGO does not renew its registration under section 10(23C)?

  If an NGO does not renew its registration, then its registration stands cancelled.

• What is Section 12AB under Income Tax Act 1961?

  The Finance Act, 2020 brought significant changes by introducing a new Section 12AB. It prescribes the new procedure for registration to get the income tax benefits under section 10(23C).

• What shall be the status of any pending registration under section 12AA as on 01st April 2021?

  Any pending application for registration u/s 12AA shall be deemed to be filed under section 12AB, and the registration shall be available provisionally.

• In which form an application has to be filed for the renewal of registration of NGO under section 12AB?

  Application has to be filed in Form 10A on the income tax portal.

• What is the time limit for passing the order by the department for granting the certificate under section 10(23C)?

  Whenever an existing NGO has migrated from old registration to new registration then the order of registration under section 10(23C) shall be passed by department within a period of 3 Months from the end of the month in which the application is filed.

• After the expiry of the validity period of 5 years when to re-apply for renewal under section 10(23C)?

  Application for renewal of registration under section 10(23C) (after 5 years) needs to be submitted at least six months prior to the expiry of the validity period.