Taxmann's Charitable Trusts & NGOs 2.0—Navigating India's 2025 Compliance Landscape by Premal Gandhi

Charitable Trusts & NGOs 2.0—Navigating India's 2025 Compliance Landscape is an authoritative, practice-oriented guide tailored for India's not-for-profit sector amidst sweeping changes in law and regulation. This 2025 Edition demystifies the evolving compliance requirements under the Income-tax Act 1961 and the Income-Tax Bill 2025. The book provides a practical roadmap for readers, empowering them to ensure seamless, full-spectrum compliance in a challenging regulatory environment.

This book is intended for the following audience:

• Trustees, Directors, and Administrators of charitable trusts and NGOs seeking clarity on governance, compliance, and tax matters
• Accountants, Legal Advisors, and Audit Professionals advising the third sector on operational and statutory obligations
• NGO Staff and Compliance Teams that are involved in documentation, registration, renewals, and day-to-day administration
• Students and Researchers in law, taxation, and non-profit management

The Present Publication is the 2025 Edition, authored by CA. Premal Gandhi, with the following noteworthy features:

• [Practical 'Desk-to-Filing' Checklist] Comprehensive, actionable lists covering all key forms, investments, activities, and documentation required throughout the year
• [Dos-and-Don'ts] Practical cases highlight common pitfalls, such as trusts losing exemptions due to benefit misuse or misapplication of funds
• [Step-by-Step Renewal Guidance] Structured procedures for registration, provisional to final status, and renewals for 5-year and 10-year terms, in line with the latest rules
• [Forward-looking Analysis] Detailed analysis of how the Income-Tax Bill 2025 and post-2026 regulatory landscape will impact charitable organisations
• [User-friendly Language] Avoids technical jargon, focusing on accessibility and practical implementation
• [Most Recent Amendments] Incorporates all significant legislative updates, landmark court rulings, and CBDT circulars as of 2025
• [Lucid Explanations] Avoids dense legal language; every provision is explained in plain English with context
• [Practice-driven] Developed from years of professional experience and feedback from leading practitioners and reviewers
• [Value-added Appendices] Ready reference for forms and compliance checklists, saving professionals valuable time

The book offers a section-wise, topic-wise deep dive into all aspects of trust and NGO compliance, including:

• Comparative Legal Analysis
  • Trusts, Societies, and Section 8 Companies—key differences and compliance mandates
• Statutory Duties, Rights & Liabilities
  • Detailed explanation of the roles of settlors, trustees, and beneficiaries
• Books of Accounts & Documentation
  • What must be maintained under Rule 17AA, best practices for digital record-keeping, and electronic compliance
• Registration & Renewals
  • All you need to know about Form 10A, 10AB, timelines, documents, and processes for new, provisional, and renewal registrations
• Amendment of Trust Deed
  • Procedures, court precedents, and compliance requirements
• Application of Income
  • How and when to apply income, capital expenditure rules, and loan repayment treatment
• Corpus and Inter-charity Donations
  • Eligibility, tax treatment, conditions, and reporting under the new law
• Accumulation and Investment of Income
  • Permissible modes (Section 11(5)), statutory accumulations, and Form 9A/10 procedures
• Anonymous Donations
  • Taxability, exclusions, documentation, and practical examples
• Penal Taxation & Forfeiture of Exemption
  • Non-compliance scenarios, accreted tax, and case law
• Tax on Accreted Income
  • Computation, FMV determination, and compliance post-deregistration or dissolution
• CSR Expenditure
  • How to claim eligibility under Section 80G, and current jurisprudence
• Procedural Appendices
  • Ready-to-use specimen forms (9A, 10, 10B, 10BD, 10BE), board resolution formats, and corpus donation letters

The structure of the book is as follows:

• Part I | Foundations – Legal framework, historical context, and comparative analysis of different NGO structures
• Part II | Core Operations – Registration, amendments, and day-to-day management
• Part III | Income, Application, and Donations – Exemptions, tax treatment, accumulations, and reporting
• Part IV | Compliance, Violations, and Enforcement – Penal taxation, loss of exemptions, registration cancellation, and accreted income
• Part V | Reference Appendices – Comprehensive collection of relevant forms, checklists, and specimen documents for immediate application
• Each chapter is supplemented with case law, judicial interpretations, charts, and practical tips, making complex legal requirements easy to follow and implement