The 12A certificate registration, issued under the Income Tax Act, exempts nonprofit organizations from paying income tax on their earnings. To obtain this certificate, organizations must meet specified eligibility criteria and submit relevant documents to the Income Tax Department. This registration fosters financial sustainability for nonprofits, enabling them to allocate more resources towards their charitable activities.
The 12A certificate registration, issued under the Income Tax Act, exempts nonprofit organizations from paying income tax on their earnings. To obtain this certificate, organizations must meet specified eligibility criteria and submit relevant documents to the Income Tax Department. This registration fosters financial sustainability for nonprofits, enabling them to allocate more resources towards their charitable activities.
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