ITR Filing For NGO In Madhya Pradesh

Finalize Annual Accounts – Complete the closing of books for the financial year, ensuring every transaction is accurately recorded and reconciled.

Carry Out Audit (If Applicable) – When income exceeds the exemption limit, appoint a Chartered Accountant to conduct the audit and provide Form 10B or Form 10BB, as applicable.

Prepare Required Documentation – Compile the NGO’s PAN, registration certificates (12A/12AB, 80G, FCRA if applicable), audited financial statements, Form 26AS, donor lists, and bank statements.

Select the Appropriate ITR Form – In most cases, NGOs must file ITR-7 under Sections 139(4A), 139(4B), 139(4C), or 139(4D).

Log in to the e-Filing Portal – Access the Income Tax e-Filing website using the NGO’s PAN and registered credentials.

Fill in the ITR Form – Provide accurate details of income, exemptions, and other relevant financial information.

Upload Audit Report & Attachments – Submit Form 10B or Form 10BB along with all required supporting documents in the prescribed format.

Verify the Return – Complete the e-verification process using Aadhaar OTP, Digital Signature Certificate (DSC), or Electronic Verification Code (EVC).

Submit Before the Due Date – File the ITR on time to maintain tax exemption benefits and avoid penalties.

Retain Acknowledgment – Save the ITR-V acknowledgment as proof of filing for record-keeping and future compliance needs.