Trust / NGO Tax Filing

Income tax return filing for charitable trusts, religious trusts, and NGOs.

ITR-7 preparation with Section 11/12 exemption claims and 85% application compliance.

Overview

Trusts, NGOs, and Section 8 Companies registered under Section 12A must file ITR-7. They can claim exemption under Section 11 if 85% of income is applied for charitable purposes. Corpus donations are exempt. Violations can lead to denial of exemption and taxation at maximum marginal rate. Annual Form 10B audit is mandatory.

Key Features

ITR-7 preparation & filing

85% application verification

Form 10B coordination

Section 11 exemption claim

Corpus donation treatment

Accumulation under 11(2)

Documents Required

Trust Deed / MOA

12A Registration Certificate

80G Certificate

Audited Financial Statements

Audit Report (Form 10B)

Donation Receipts

Bank Statements

Activity Report

Pricing

Starting ₹7,999

Timeline: 7-10 Days

*Govt fees extra where applicable

Income & Application Computation

Section 11 Exemption Calculation

ITR-7 Preparation

Form 10B Coordination

E-Filing

Acknowledgment Receipt

Process & Timeline

Income Computation

Compute gross receipts and application Day 1-3

Exemption Calculation

Calculate 85% application and exemption Day 3-5

ITR-7 Preparation

Prepare return with all schedules Day 5-8

Filing

E-file after Form 10B upload Day 8-10