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Get Section 8 Company Registration Online in India

Register your Section 8 Company online hassle-free with our reliable and efficient services. LegalPillers handle all the paperwork, legal formalities, and ensure a smooth registration process. Start making a positive impact on society today with our user-friendly online registration platform.

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Get Section 8 Company Registration Online in India

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  1. LEGAL PILLERS SECTION 8 COMPANY REGISTRATION WWW.LEGALPILLERS.COM

  2. CONTENT 01 ITR FILING FOR SECTION 8 COMPANIES • KEY POINT TO CONSIDER WHEN FILING FOR ITR FOR SECTION 8 COMPANIES 02 • REQUIREMENT OF ITR FILING FOR SECTION 8 COMPANY REGISTRATION ONLINE 03 • LEGAL PILLERS’ ITR FILING PROCESS FOR SECTION 8 COMPANIES REGISTRATION 04

  3. ITR FILING FOR SECTION 8 COMPANIES The Section 8 company Registration in India and is also referred as"not-for-profit" or "non-profit" company. It is usually licensed under Section 8 of the Companies Act 2013. They are established for charitable or non-profit reasons. They do not give earnings to members. Instead, any revenue generated is used to fund to promote the organization's goals. When you need to file income tax returns (ITR) for Online Section 8 Company Registration in India it is common to make use of ITR Formula ITR-7. ITR-7 is designed specifically for companies that have to submit returns in accordance with the sections 139(4A), 139(4B), 139(4C), or 139(4D) of the Income Tax Act, 1961. Section 139(4A) applies to trusts for religious or charitable purposes that include Section 8 companies.

  4. KEY POINT TO CONSIDER WHEN FILING FOR ITR FOR SECTION 8 COMPANIES • ITR-7 requires detailed details regarding the activities like amount of income and expenditure of charity or non-profit carried out by the Section 8 business. • Companies that are incorporated under Section 8 could be qualified for tax exemptions under Sections 11 and 80G under the Income Tax Act. • Digital Signature is required to acquire a digital signature certification (DSC) to permit the signer to electronically file the ITR-7. • Be aware of deadlines to file your ITR, that can change each year to avoid interest and penalties. • Make copies of any supporting documentation, including the financial statement, reports of audit and registration certificates. • Section 8 companies have reporting and disclosure obligations beyond regular businesses.

  5. Requirement of ITR Filing for Section 8 Company Registration Online The filing of ITRs (ITR) to Section 8 companies within India requires a variety of rules and considerations. These are the most important rules and guidelines to take into consideration when filing ITRs in a Section-8 firm: 01 02 03 04 05 06 07 PAN CARD CHECK: KEEP ACCURATE RECORDS PICK THE RIGHT FORM (ITR-7) SEE IF YOU QUALIFY FOR EXEMPTIONS KEEP SEPARATE ACCOUNTS: CHECK AND SUBMIT FOLLOW OTHER LAWS Ensure your Section 8 company has a PAN (Permanent Account Number). It’s like an ID for all financial transactions related to taxes. Section 8 companies usually use a form called ITR-7 for filing tax returns. You’ll find it on the Income Tax Department website. Maintain clear financial records—like income, spending, and balance sheets. These records help in preparing tax returns. Section 8 companies might get tax exemptions under certain sections. Check if you meet the criteria and have the needed documents for exemptions. Separate the money used for charitable activities from other earnings. This helps figure out what parts of your earnings are tax-deductible or exempt from tax. Make sure you're following other laws like The Companies Act, 2013, and any state-specific rules for Section 8 companies. Review the form and submit it online through the Income Tax Department's portal. You might need an electronic signing certificate (DSC) if you're authorized to sign.

  6. LEGAL PILLERS’ ITR FILING PROCESS FOR SECTION 8 COMPANIES REGISTRATION Consultation and Analysis- We conduct a detailed analysis of your Section 8 company’s financials, identifying relevant tax implications and obligations. Documentation and Preparation- Our experts compile and organize the necessary documents, preparing accurate ITR filings aligned with Section 8 company regulations. Filing and Compliance Verification- We submit ITR forms and verify compliance, ensuring adherence to statutory requirements.

  7. THANK'S FOR WATCHING Legal Pillers C-49, near Bikaner, East Krishna Nagar, Krishna Nagar, Delhi, 110051 info@legalpillers.com +91 9267941961 +91 9625279785

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