Compliance-driven tax filing for NGOs, Trusts & Societies with a focus on exemptions and transparency.
This is a specialized tax service that involves complex compliance under the Income Tax Act, exemptions under Section 11 & 12, and linkage with registrations like 12A/80G & FCRA.
Why Trust & Society ITR Filing Matters
Unlike businesses, Trusts, Societies, and NGOs operate with the objective of promoting charitable, educational, religious, or social causes. Even though their purpose is non-profit, filing Income Tax Returns is mandatory under the Income Tax Act.
Proper ITR filing ensures:
- Eligibility for tax exemptions under Sections 11 & 12
- Smooth donor compliance (mandatory for those availing 80G benefits)
- Transparency in utilization of donations and grants
- Audit readiness for government review and foreign contributions
- Continued recognition as a genuine non-profit organization
At FinnovateAI, we simplify the filing process, ensuring your organization is compliant, audit-proof, and donor-ready.
Our Trust & Societies ITR Filing Services
- Preparation & Filing of ITR-7 - For trusts, societies, NGOs, and other non-profits
- Exemption Computation - Claim tax exemptions under Section 11, 12, and related provisions
- Audit Support (Form 10B/10BB) - Compliance with statutory audit requirements
- 80G/12A Integration - Filing aligned with donation and exemption status
- Corpus Fund & Grant Accounting - Ensuring correct disclosures in return
- FCRA-linked Reporting - Alignment with foreign contribution disclosures (if applicable)
- Representation in Assessments - End-to-end support in case of scrutiny or queries
- Advisory for Future Compliance - Ensure smooth renewals of exemptions and registrations
Why Choose FinnovateAI?
- Specialized Expertise in NGO/Trust Taxation - Experienced in handling complex non-profit structures
- End-to-End Compliance - From audit to filing, everything under one roof
- Donor & Grant Transparency - Reporting aligned with donor expectations and statutory needs
- Secure, Confidential & Tech-Enabled - Digital-first filing with robust data protection
- Beyond Filing - Advisory Approach - Guidance on planning utilization to retain exemptions
Our Process
- Data Collection - Donation records, expense details, audit reports, registration certificates
- Exemption Review - Verify applicability of Section 11, 12, 80G, and FCRA
- Computation & Draft Filing - Prepare ITR-7 with proper disclosures
- Audit Integration - Link audit reports (Form 10B/10BB) where required
- Filing & Post-Filing Support - File return and provide support during assessments or donor verification
Who Needs It?
- Charitable & Religious Trusts
- Societies registered under Societies Act, 1860
- Section 8 Companies (NGOs under Companies Act)
- Educational Institutions, Hospitals, Research Institutes
- Foundations & Welfare NGOs