1. What is 80G and 35AC?

80G: If an NGO gets itself registered under 80G, then a Person or any organization making a donation to that NGO will get a deduction of 50% of his/her/its Taxable income on the donation amount made.

 

35AC: Under 35 ac, the donor who donates the nonprofit Ngo organization for a specific social welfare project, gets 100% tax exemption for the amount, which they donated from their Gross total Income, after their various internal income deductions.

 

The receipt which issued to the donor is FORM 58A which is also called as donation certificate.

2. Do you issue Tax receipts? How long does it take for them to reach us?

Yes we do issue Receipts and Tax exemption Certificate, It will be sent to you within 15 maximum working days.