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Annual Compliance for Trusts & NGOs

Secure Your Trust’s Purpose and Protect its Tax-Exempt Status.

Timely and accurate annual compliance is the backbone of a well-run Trust. We manage your complex filing requirements so you can stay focused on your mission, maintain donor confidence, and safeguard your 12A/80G benefits.

Ensure My Trust's Compliance
ITR-7 Filing Donation Reporting (Form 10BD) Audit Support (Form 10B)
The Foundation of Trust

Why Annual Compliance is Crucial for NGOs

Annual compliance for a Trust is not just a legal obligation; it is a critical activity that ensures transparency, accountability, and the continuation of its tax-exempt status under the Income Tax Act.

Core Compliance Components

The annual compliance cycle for a Trust involves several interconnected filings that must be completed accurately and within deadlines.

  • Bookkeeping: Maintaining proper books of accounts and financial statements.
  • Audit Report (Form 10B/10BB): An audit report from a Chartered Accountant, mandatory for claiming tax exemptions.
  • ITR Filing (Form ITR-7): The specific Income Tax Return form for entities claiming exemptions under Sec 11 & 12.
  • Donation Reporting (Form 10BD): A mandatory statement of all donations received, crucial for your donors to claim 80G benefits.

Key Requirement

Filing the Audit Report in Form 10B/10BB is a prerequisite. The ITR cannot be filed without it.

The High Cost of Non-Compliance

Failing to meet annual compliance obligations can have severe financial and reputational consequences for a Trust or NGO.

  • Loss of Tax Exemption: The Trust's entire income could become taxable at the maximum marginal rate.
  • Heavy Penalties: Significant penalties for late filing of ITR, Form 10BD, and other non-compliances.
  • Jeopardy to 12A/80G: Non-compliance can lead to the cancellation of your essential 12A and 80G registrations.
  • Loss of Donor Confidence: A poor compliance record erodes trust and can severely impact fundraising efforts.

Important Note

The compliance landscape for Trusts is continuously evolving. Professional guidance is essential to stay updated and avoid violations.

Our Services

Benefits of Our Compliance Management

We provide an end-to-end solution to ensure your Trust remains compliant, credible, and focused on its mission.

Maintain Tax-Exempt Status

We ensure all conditions for claiming exemptions under Sections 11, 12, and 10(23C) are meticulously met and reported correctly.

Ensure 80G/12A Validity

Proper and timely filing of Form 10BD is critical for maintaining your 80G status and ensuring your donors receive their tax benefits.

Build Donor Confidence

A strong compliance record enhances transparency and accountability, boosting the confidence of donors, grant-making bodies, and regulatory authorities.

Deadline Adherence

We manage all filing deadlines proactively, ensuring all reports and returns are submitted on time to avoid late fees and penalties.

FCRA Compliance Readiness

While separate, strong domestic compliance is the foundation for managing foreign funding (FCRA) regulations effectively.

Expert Support

Our team of experts stays abreast of all legislative changes, providing you with accurate advice and peace of mind.

Our Hassle-Free Process

Trust Compliance Roadmap

A systematic approach to ensure every compliance detail is covered.

1

Document Collection & Review

We collect your financial statements, bank statements, donation records, and details of charitable activities conducted during the year.

2

Audit & Report Preparation

We coordinate with a qualified Chartered Accountant to conduct the audit and prepare the mandatory Audit Report in Form 10B or 10BB.

3

Filing of Returns & Forms

Post-audit, we file Form 10BD (for donations) and ITR-7, ensuring all information is consistent and accurately reported.

4

Confirmation & Records

We provide you with all filing acknowledgments and generate Form 10BE (Donation Certificates) for you to issue to your donors.

Stay Focused on Your Mission

Let Us Handle Your Compliance Burden

Your time is best spent making a difference. Delegate the complexities of annual compliance to our experts and gain the confidence that your Trust's legal and financial standing is secure.

Expert Handling
Avoid Errors

Deadline Adherence
Avoid Penalties

Dedicated Support
All Year Round

Contact us today for a free consultation on your Trust's annual compliance needs.

Fill the form to ensure a smooth and penalty-free compliance year.

Questions Answered

Frequently Asked Questions

Key information about annual compliance for Trusts and NGOs

For Trusts whose accounts are required to be audited, the due date for filing the Income Tax Return (ITR-7) is October 31st of the assessment year. The audit report in Form 10B/10BB must be filed at least one month prior, i.e., by September 30th.

Form 10B is for Trusts that are required to get their accounts audited under the Income Tax Act. Form 10BB is for Trusts and institutions that are not mandatorily required to get their accounts audited under any other law but choose to do so to claim tax exemptions. Our experts can determine the correct form for your organization.

Yes, it is mandatory for all Trusts with 80G registration. Form 10BD is an annual 'Statement of Donations' where the Trust must report details of every donor and donation received. Filing this form is essential for donors to be able to claim their 80G tax deduction. The due date is May 31st of the financial year following the year in which donations were received.

Late filing can lead to severe consequences, including hefty penalties (up to ₹200 per day for Form 10BD), loss of the ability to carry forward excess application of income, and most critically, the potential loss of tax exemptions for the entire income of the Trust for that year.

Yes. To maintain its tax-exempt status and keep its 12A/80G registrations active, a Trust must file a 'Nil' return even if there was no income during the financial year. Consistent filing is seen as a mark of an active and compliant organization by the tax authorities.

FCRA (Foreign Contribution Regulation Act) compliance is a separate set of regulations for NGOs receiving foreign funds. While this package focuses on Income Tax compliance, we offer specialized FCRA compliance services as well. A strong domestic compliance record is essential for smooth FCRA management.