All You Need to Know About Form 10A

Last Updated at: December 28, 2019
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All you need to know about Form 10a

To obtain 12A registration, make use of Form 10A. This form can be filed online by making use of a digital signature. In case of the absence of a digital signature, an electronic verification code can be used. The authority which verifies the return of income tax under section 140, will verify Form 10A. The new format of Form 10A is available online since February 2018. The old form is no longer accepted.

Documents needed to file Form 10A of Income Tax

The materials that need to be submitted with Form 10A should be checked thoroughly. The exemption under Section 12A is granted basis for the documents submitted.

The following list of documents needs to be uploaded at the time of filing Form 10A:

    • Self-certified copy of the instrument under which the Trust or organization is created
    • Self-certified copy of the evidential document in case the Trust or organization is not established under the above-stated instrument.
    • The self-certified copy of the registration with Registrar of Companies or Firms and Societies or Registrar of Trusts
    • Self-certified copy of documents in case of any changes or modification made post-registration of such Trusts or Organization
    • Self-certified copies of annual reports of the trusts or organization. The annual reports should not be more than 3/three years old from the year in which it is applied.
    • Details of activities of the organization or trusts
    • Self-certified copy of previous rejection order under Section 12A
    • Self-certified copy of existing law wherein registration has been granted under Section 12A

The details to be furnished in Form 10A

  • Basic information – Pan Card Number, Name and Address of the Trusts or organization
  • Type of Trust or Institution – whether it is religious or charitable or religious-cum-charitable
  • Contact details of Managing Trustee in case of Trust / Director or Chairman in case of Society or NGO
  • Legal status under which head the organization or Trust is established
  • Details like name, address, Pan Card Number and Aadhar Card Number of Trustees for Trust and Details of Director/Chairman for companies/society or organization
  • Purpose of establishing Trust/Institute – whether it is to give medicinal or educational support or for a religious reason. The purpose can also be to impart yoga or to preserve the environment and the monuments
  • Verify if the application has been made and rejected earlier with reasons. In case it is granted, then furnish the details.

Download Form 10A

Download Form 10A in word format

Get free legal advice now

The format of the Form 10A is as below:

From 10A

Form 10A

Form 10A

Form 10A

How to File Form 10A online?

The process of filing Form 10A is easy and straightforward. Do read the instruction carefully before filling up the form. The following are the steps for filing:

  • Log on to Income tax department E-filing portal
  • On the upper-left side, choose the option Income Tax Forms
  • Select Form 10A from the drop-down menu and also select the assessment year
  • On the submission mode option, select Prepare and Submit the form

File Form 10A of and avail benefits under Section 12A

The Income-tax Act grants various exemptions and deductions to individuals, organizations, and companies. The Income Tax Act 1961 allows charitable trusts, religious organizations, and non-profit NGOs who are registered under Section 12A to claim income tax exemption. It is attained by the Trust or charitable organization after its establishment. It means they need not pay income tax on the surplus income.

The trusts and societies and other Section 8 companies provide benefits to the general public. Hence to encourage more such charitable activities, the Income Tax has granted the exemption. This benefit of 12A is not applicable for private or family trusts.

The benefit of Section 12A for the Trusts & Societies are

  • The fund or income that the Trust or NGOs have is called income application. Because the funds are used to pay for the Trust’s expenses.
  • Hence the income received is exempted.
  • The Trust can set aside up to 15% of revenue for charitable or religious purposes.
  • Organizations and trusts registered under Section 12A is eligible to receive other Government and private grants.
  • The registration granted under Section 12A will be active until it’s been cancelled. Renewal of registration is also not needed.

Conclusion:

The Commissioner, on receipt of the Form 10A application, will examine the submitted documents. If needed, he will ask for additional documents. The only submission of Form 10A doesn’t guarantee the organization or Trust will get registered under Section 12A. The approval will be granted once the Commissioner is satisfied with the application and the documents submitted. Once the approval is granted, the organization or Trust will be exempted from Income Tax under Section 12A.

 

 

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All You Need to Know About Form 10A

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To obtain 12A registration, make use of Form 10A. This form can be filed online by making use of a digital signature. In case of the absence of a digital signature, an electronic verification code can be used. The authority which verifies the return of income tax under section 140, will verify Form 10A. The new format of Form 10A is available online since February 2018. The old form is no longer accepted.

Documents needed to file Form 10A of Income Tax

The materials that need to be submitted with Form 10A should be checked thoroughly. The exemption under Section 12A is granted basis for the documents submitted.

The following list of documents needs to be uploaded at the time of filing Form 10A:

    • Self-certified copy of the instrument under which the Trust or organization is created
    • Self-certified copy of the evidential document in case the Trust or organization is not established under the above-stated instrument.
    • The self-certified copy of the registration with Registrar of Companies or Firms and Societies or Registrar of Trusts
    • Self-certified copy of documents in case of any changes or modification made post-registration of such Trusts or Organization
    • Self-certified copies of annual reports of the trusts or organization. The annual reports should not be more than 3/three years old from the year in which it is applied.
    • Details of activities of the organization or trusts
    • Self-certified copy of previous rejection order under Section 12A
    • Self-certified copy of existing law wherein registration has been granted under Section 12A

The details to be furnished in Form 10A

  • Basic information – Pan Card Number, Name and Address of the Trusts or organization
  • Type of Trust or Institution – whether it is religious or charitable or religious-cum-charitable
  • Contact details of Managing Trustee in case of Trust / Director or Chairman in case of Society or NGO
  • Legal status under which head the organization or Trust is established
  • Details like name, address, Pan Card Number and Aadhar Card Number of Trustees for Trust and Details of Director/Chairman for companies/society or organization
  • Purpose of establishing Trust/Institute – whether it is to give medicinal or educational support or for a religious reason. The purpose can also be to impart yoga or to preserve the environment and the monuments
  • Verify if the application has been made and rejected earlier with reasons. In case it is granted, then furnish the details.

Download Form 10A

Download Form 10A in word format

Get free legal advice now

The format of the Form 10A is as below:

From 10A

Form 10A

Form 10A

Form 10A

How to File Form 10A online?

The process of filing Form 10A is easy and straightforward. Do read the instruction carefully before filling up the form. The following are the steps for filing:

  • Log on to Income tax department E-filing portal
  • On the upper-left side, choose the option Income Tax Forms
  • Select Form 10A from the drop-down menu and also select the assessment year
  • On the submission mode option, select Prepare and Submit the form

File Form 10A of and avail benefits under Section 12A

The Income-tax Act grants various exemptions and deductions to individuals, organizations, and companies. The Income Tax Act 1961 allows charitable trusts, religious organizations, and non-profit NGOs who are registered under Section 12A to claim income tax exemption. It is attained by the Trust or charitable organization after its establishment. It means they need not pay income tax on the surplus income.

The trusts and societies and other Section 8 companies provide benefits to the general public. Hence to encourage more such charitable activities, the Income Tax has granted the exemption. This benefit of 12A is not applicable for private or family trusts.

The benefit of Section 12A for the Trusts & Societies are

  • The fund or income that the Trust or NGOs have is called income application. Because the funds are used to pay for the Trust’s expenses.
  • Hence the income received is exempted.
  • The Trust can set aside up to 15% of revenue for charitable or religious purposes.
  • Organizations and trusts registered under Section 12A is eligible to receive other Government and private grants.
  • The registration granted under Section 12A will be active until it’s been cancelled. Renewal of registration is also not needed.

Conclusion:

The Commissioner, on receipt of the Form 10A application, will examine the submitted documents. If needed, he will ask for additional documents. The only submission of Form 10A doesn’t guarantee the organization or Trust will get registered under Section 12A. The approval will be granted once the Commissioner is satisfied with the application and the documents submitted. Once the approval is granted, the organization or Trust will be exempted from Income Tax under Section 12A.

 

 

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