ITR Filing For NGO In Shillong

Collect Essential Documents – Keep PAN, registration certificates (Trust Deed / Society / Section 8 license), 12A/12AB approval, 80G certificate, FCRA registration (if applicable), audited financials, Form 26AS, donation records, bank statements, and other supporting papers ready.

Prepare Financial Statements – Close the books of accounts for the year and draft the Balance Sheet, Income & Expenditure Statement, and Receipts & Payments Account.

Check Audit Applicability – If income (before exemptions) exceeds the threshold under Section 12A(1)(b), a statutory audit becomes mandatory.

Conduct Statutory Audit – Appoint a Chartered Accountant to audit the accounts and issue Form 10B or Form 10BB, depending on registration type.

Upload Audit Report – Authorize your CA on the Income Tax e-filing portal to upload the audit report before filing the return.

Choose the Correct ITR Form – NGOs claiming exemptions under Sections 11, 12, or 10(23C) must file ITR-7.

File the ITR Online – Log in to the e-filing portal, fill in details of income, expenses, donations, assets, liabilities, and audit particulars.

Enter Audit Information – Provide auditor’s name, membership number, form number (10B/10BB), and key audit details accurately.

E-Verify the Return – Complete verification using DSC (mandatory for audited entities and Section 8 companies), EVC, or Aadhaar OTP.

Meet Filing Deadlines – File the ITR within the prescribed date, generally 31st October for audited NGOs. Always confirm the due date for the year.

Maintain Compliance Records – Download and securely preserve the ITR acknowledgment, audit report, audited accounts, and supporting documents.

Follow State-Specific Rules – Ensure compliance with Meghalaya requirements under the Societies Registration Act or Companies Act, as applicable.

Optional Pre-Filing Review – Get a professional compliance review from your CA to minimize errors and protect exemptions.