12 Tax Matters कर से संबधित मामले

12.1 Exemptions to donors दानदाताओ को छूट 1. Under 80G – 50% exemption from income subject to a ceiling of 10% of the total income. 80G ds varxZr & dqy vk; ds 50% rd vk; dj esa NwV ijUrq lhek dqy vk; dk 10 % 2.Under 80GGA – 100% exemption from income from other than business / professional income 80GGA ds varxZr – 100% NwV ] fdlh xSj O;olk; ;k xSj O;kikj ls izkIr vk; ij 3.Under 35AC – 100% exemption from income from business / professional income. 35AC ds varxZr 100% NwV ] fdlh O;kolk; ;k O;kikj ls izkIr vk; ij 4.Under 35CCA – 100% exemption for rural development. 35CCA ds varxZr 100% NwV ] xzke fodkl ds fy, 5.Under 35CCB – 100% exemption from for conservation of natural resources. 35CCB ds varxZr 100% NwV ] izkdzfrd lalk/kuksa ds laj{k.k ds fy, RSB-TRAINING-SESSION ON ACCOUNTS

12.2 Exemptions to voluntary organizations Lo;alsok laLFkkvksa dks NwV 1. To spend 85% of its income in any financial year on the objects of the organization. If spent less than 85% the short fall is liable for income tax. The same may be accumulated up to 5 years also with information to the IT department in the ITR. laxBu viuh vk; dk 85% fdlh Hkh foRrh; o”kZ esa vius m}s’; ij [kpZ dj ldrs gaSA vxj 85% ls de [kpZ fd;k x;k rks ml deh ij vk;dj nsuk gksxk A ysfdu mls 5 lky rd lafpr dj ldrs gSa vk;dj foHkkx dks ITR esa lwfpr djdsaA 2. Corpus donation / endowment donations are capital contributions & should not be included to compute the total income of the organization. Lkexz m}s’; fu/kkZfjr nku dks laxBu dh dqy vk; esa ’kkfey ugha fd;k tkuk pkfg,A RSB-TRAINING-SESSION ON ACCOUNTS

3. Exemption from VAT if its sales / purchase in a year does not exceed limit prescribed by the state Govt. VAT ls NwV] vxj izfro”kZ [kjhn jkT; ljdkj }kjk fu/kkZfjr lhek ls vf/kd ugha gSA 4. Organizations involved in relief work of the needy are 100% exempt from custom duty on the import of items such as food, medicine, clothing and blankets. jkgr dk;Z esa ’kkfey laxBu dks Hkkstu] nok] diMs vkSj dacy tSls oLrqvksa ds vk;kr ij lhek ’kqYd ls 100 % NwV gSA 5. Exemption under section 197 of IT Act 1961 for no deduction of tax or deduction of tax at lower rate agnist the order of the jurisdictional assessing officer vkbZVh dh /kkjk 197 ds rgr vkSj vf/kfu;e 1961 esa dj dh dVkSrh u djus ;k dj dh dVkSrh de nj ij djus ls lacaf/kr gSA RSB-TRAINING-SESSION ON ACCOUNTS

12.3 Legal (Applicable Laws) क़ानूनी ( लागू कानून ) 1. Income Tax Act vk;dj vf/kfu;e Public Trust Act of various States. fofHkUu jkT;ksa ds yksd U;kl vf/kfu;e 3. Societies Registration Act 1860./ State law lkslkbVh iathdj.k vf/kfu;e Indian Companies Act 1956 Section 25. Hkkjrh; daEiuh vf/kfu;e 1956 dh /kkjk Foreign Contribution (Regulation) Act 2010 fons’kh ;ksxnku ( fofu;eu ) vf/kfu;e Commercial Tax Laws oSV vf/kfu;e 7. RTI Act 1960 lwpuk izkfIr ds vf/kdkj 8. Juvenile Act 1960 cky dSnh dkuwu 160 RSB-TRAINING-SESSION ON ACCOUNTS

12.4 Submission of Returns विवरणी प्रस्तुत करना Filing of annual Tax return and audited financial statements with. वार्षिक टैक्स रिटर्न और अंकेक्षित वित्तीय वृत्त की पेशकश. 1. Charity commissioner/sub registrars for trusts. VªLVksa ds fy, pSfjVh vk;qDr lc jftLVªkj 2. Registrar of Societies. lkslkbVh ds fy, lkslkbVh dk jftLVªkj 3. Income Tax Department. vk;dj foHkkx 4. Ministry of Home Affairs (for FCRA accounts) x`g ea=kky; (,Q lh vkj, [kkrksa ds fy, ) RSB-TRAINING-SESSION ON ACCOUNTS