ITR Filing For NGO In Meghalaya

Collect Required Documents — Gather PAN, registration certificates (Trust Deed / Society / Section 8), 12A/12AB, 80G, FCRA (if applicable), audited financial statements, Form 26AS, donation details, bank statements, and other supporting records.

Finalize Financial Statements — Close the financial year books and prepare the Balance Sheet, Income & Expenditure Statement, and Receipts & Payments Account.

Assess Audit Requirement — Verify if the income exceeds the threshold under Section 12A(1)(b); if so, arrange a statutory audit.

Conduct Statutory Audit — Engage a qualified Chartered Accountant to audit the accounts and prepare Form 10B or 10BB, as applicable.

Authorize Audit Report Upload — Assign the audit report filing to your CA on the Income Tax e-filing portal prior to submitting the ITR.

Select Appropriate ITR Form — File using ITR-7 for trusts, societies, or Section 8 companies claiming exemptions under Sections 11, 12, or 10(23C).

Complete and Submit ITR Online — Log into the Income Tax portal and accurately input income, expenses, donations, assets, liabilities, and audit details.

Provide Audit Details — Ensure auditor’s name, membership number, audit form number, and key findings are correctly declared.

Verify the Return — Use Digital Signature Certificate (DSC), Electronic Verification Code (EVC), or Aadhaar OTP to e-verify the ITR.

Adhere to Filing Deadlines — Submit the return within the prescribed timeline, usually by 31st October for audited cases; confirm deadlines annually.

Maintain Filing Records — Download and securely store the ITR acknowledgment, audit report, audited financials, and supporting documents for future reference.

Comply with State-Specific Regulations — Meet Meghalaya-specific filing, reporting, and renewal requirements under relevant state laws like the Societies Registration Act or Companies Act.

Optional: Pre-Filing Review — Consider a professional compliance review by your CA to ensure accuracy and safeguard exemptions.