What is the mandatory fund utilization requirement for 12AB registered trusts?

A trust must apply at least 85% of its income towards charitable objects in India during the financial year. If unable to do so, Form 9A or Form 10 must be filed to accumulate funds for future application.

Can a Section 8 Company accept CSR funding from corporates?

Yes, provided the Section 8 company has valid 12A/80G registrations and has completed Form CSR-1 registration with the Ministry of Corporate Affairs.

Corporate PracticeForm 10BD (Donations): May 31st | Trust Audit (Form 10B/10BB): September 30th | ITR-7: October 31st

Section 8, NGO & Charitable Trust Compliance

Comprehensive legal, accounting, 12A/80G, and statutory compliance support for non-profit and social organizations.

Practice Scope & Service Deliverables

Social development organizations and charitable trusts face stringent statutory checks. We provide end-to-end guidance for Section 8 companies, public trusts, societies, Section 12AB/80G registrations, and grant utilization certifications.

Scope of Professional Assistance:

Section 8 Company, Public Trust & Society Formation

Section 12A / 12AB & Section 80G Tax Exemption Registrations (Form 10A / 10AB)

NGO DARPAN (NITI Aayog) Registration & Profile Setup

Statutory & Project-Specific Trust Audits

Donor-Wise & Grant-Wise Fund Accounting

Preparation of Utilization Certificates (UC) for CSR & Government Grants

Income Tax Form 10B / 10BB Audit Report Filings

Form 10BD Statement of Donations & Form 10BE Donor Certificates

FCRA (Foreign Contribution Regulation Act) Compliance & Advisory

Internal Financial Controls Design for Charitable Institutions

Who Requires This Service?

•Charitable & Religious Public Trusts

•Section 8 Non-Profit Companies

•Registered Societies & Educational Foundations

•NGOs receiving CSR Grants from Corporations

•Social Impact Startups and Healthcare Foundations

CA & UDIN Guaranteed

All audit opinions, certifications, and compliance filings are reviewed directly by practicing Chartered Accountants with mandatory UDIN verification.

Schedule Case Review

Our Strategic Advantage

How We Deliver Value in NGO & Trust Compliance

12AB & 80G Approval Assurance

Drafting robust trust objectives, activity reports, and financial schedules to obtain unconditional 5-year 12AB and 80G exemptions.

CSR & Grant Utilization Reports

Standardized utilization certificates that fulfill strict CSR committee audits from corporate donors.

Form 10BD Donation Filing

Timely annual filing of donor details to ensure donors receive eligible 80G tax deductions on their ITRs without rejection.

Transparent Fund Accounting

Segregated accounting for corpus funds, earmarked grants, and general operational expenses.

Our Structured 5-Step Process

Technically rigorous, transparent execution from initial diagnostic to ongoing monitoring.

Trust Deed & MoA Verification

Reviewing statutory documents for compliance with public charitable purpose definitions.

Registration Filings (12AB/80G/CSR)

Preparing Form 10A/10AB with past activity proof and financial statements.

Ongoing Grant & Donor Ledgering

Recording inflow, program-wise expenditures, and monitoring the 85% fund application threshold.

Audit & Form 10B/10BB Preparation

Conducting statutory audit and certifying prescribed tax audit reports on the e-filing portal.

Annual Reporting & Form 10BD

Submitting donor statements and issuing Form 10BE certificates before 31st May.

Professional Insights

Frequently Asked Questions

Clear answers to common questions about statutory compliance, processes, and deadlines.

Failure to file Form 10BD by May 31st results in a mandatory late fee of ₹200/day under Section 234G and deprives donors of their 80G tax deduction benefits.

Request Consultation for NGO & Trust Compliance

Submit your inquiry and our direct tax & compliance desk will get in touch with you.