Documents to be maintenance by NGO or Trust as per New Rule 17AA
Rule 17AA, books to be maintenance by NGO, New IT Rule 17AA, books of account and other documents that must be kept by NGO, Documents ...Read More
Those scientific research association or organization which has objective of carrying out the scientific research or social science research, can be approved under section 35(1)(ii) and section 35(1)(iii) in accordance with the guidelines and other conditions as may be notified in the official gazette of the central government. The donor will receive 175% weighted deduction on the donated amount as per amendment by the Finance Act 2010. A weighted deduction of 175% is also allowed for contributions to organizations approved under section 35(1) (ii) (a scientific research institute or a university, college or other institution) specifically for "scientific research," and for contributions made under section 35(1) (iii) specifically for "research in social science or statistical research."
THE APPLICATION AND ITS ENCLOSURE: -The Income Tax Act contains provisions permitting donors to deduct contributions. The application for approval under section 35 1(ii) / 35 1(iii) of IT Act 1961 may be submitted to the CIT/ DIT- IT of the jurisdiction of the assessee association along with following information in prescribed form.
Rajput Jain & associates is pioneer management consultants rendering altogether services to NGOs Civil Society Organisations and host of corporate and charitable institutions. It provides single window services for all registration under Trust, Society, 80-G, 12A, FCRA, 35AC, Section 35(1)(ii), Section 35(1)(iii) etc and NGOs, from conceptualization to fund-raising, project implementation to institution building, legal requirements to compliance services, Income Tax Services, Statutory Audit Services, FCRA compliance & FC3 returns, Internal Audit, Accounts Outsourcing Services etc
Rajput Jain and Associates is the largest online service platform in India which provides easy solutions in starting their new business at affordable cost. We aim at helping the entrepreneurs at every legal and regulatory step. We stay as your partner during entire business cycle and ensure that the business keeps prospering and remains complaint.
Rajput Jain and Associates is a network of experienced chartered accountants, lawyers, company secretaries, cost accountants, financial experts, expert bankers all over India to provide the needed services for small and medium size enterprises.
Want to know more about Rajput Jain & Associates?
All the information related to any client is considered confidential and never be disclosed to anyone.
Having years of experience in respective areas and backed by skilled and experienced workforce keep us ahead.
We believe in the building the good relationship with the clients that ensures the great impression.
If you are not happy with our services then you can request a refund within 30 days.
We provide 24*7 supports through phone, email and live chat.
You can pay online through EMIs, PayPal, net banking, debit card, credit card and more.
Thank you very much for all your help in setting up my new company and clearing up all outstanding business in my sole trader accounts. For the first time in years I have peace of mind regards my business accounts. Your workforce are a credit to you, the girls at reception are so helpful and Chris has been brilliant. It is very much appreciated.
A US consultancy group
Rajput Jain & Associates. are a tremendous value added to me as an executive and a busy parent. It just makes sense to delegate my tax file to them -- they are proactive, extremely service oriented, and most importantly, I am completely confident they are finding every dollar of tax savings available to me.
A Leading Service Provider
We use Rajput Jain & Associates for all our accounting, Corporation tax, VAT and other compliance needs. The service is professional, courteous and prompt. I would recommend Rajput Jain & Associates to any company requiring a comprehensive accounting and tax service.
A Leading Consultancy Firm in Dubai