People have a lot of confusion & myth's on 80G/12A license, as they don't know actual benefits associated with these licenses. Accordingly, a person who gives donations deprived of the benefit which Government of India provides to each donor in order to promote Donations for the support & benefit of Country.
80G & 12A Licence From Income Tax Department are advisable for all NGO's. It allows NGO's to work in very efficient manner because NGO's will have a great opportunity to get Donations after these getting licenses.
12A Registration
12A registration provides benefit to that NGO by way of Tax exemption on its Income or on collected revenue. Ministry of Corporate Affairs (MCA) is the main regulatory body to regulate Section 8 Company. Apart from Income Tax Authority.
80G Registrations
A person who donates any amount as donations to NGO's having 80G Certificate can claim deduction under Income Tax Act while filing Income tax return.