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@12a_registration
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Registration under section 12a is a one-time obligatory system for ngos, trusts and non-profit organization to avail earnings tax exemption below, under the Income Tax Act. Seriously, it exempts income used for charitable functions. Registration is accomplished online in form 10a and calls for virtual verification. The state-of-the-art regulations require re-registration every five years, ensuring compliance and transparency. This registration efficiently helps companies to win grants and maintain tax advantages.
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