Generating Tax Exemption 80G Certificates with Empress

Guides & Tutorials
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Introduction

Welcome to this guide on how to generate Tax Exemption 80G Certificates in Empress. The 80G Certificate is a tax exemption document issued by the Income Tax Department in India. This certificate allows individuals and businesses to claim tax deductions on donations or memberships made to non-profit organizations.

Why is the 80G Certificate important?

For businesses, the 80G Certificate can promote corporate social responsibility by encouraging donations to non-profit organizations. It also provides significant tax benefits, as these donations are tax-deductible.

Preparing to Generate a 80G Certificate

Before creating an 80G Certificate, you need to ensure you have either a Donation or a Membership recorded in Empress.

Additionally, you need to provide specific details in the Company master under the Non-Profit Settings section:

  • 80G Number: Your NGO’s 80G Number, assigned by the Income Tax Department.
  • 80G With Effect From: The date your NGO obtained 80G certification.
  • PAN Number: The PAN Number of your Company/NGO.

Creating a Member 80G Certificate

  1. Go to Non Profit > Tax Exemption 80G Certificate > New.
  2. Set the Naming Series and designate the Certificate Recipient as Member.
  3. Select the Member. The system automatically fetches the Member Name, Email, and PAN Number.
  4. Select the Date and the Fiscal Year.
  5. Choose the Company. The system automatically fetches the 80G Number, PAN, and other details.
  6. Select the company address you want to print on the certificate. If unspecified, the default company address will be used.
  7. Click on Get Memberships. This fetches all the Memberships for the selected Member in the specified Fiscal Year and sets the total amount.

You can now save your progress. A Print Format titled 80G Certificate for Membership is available for use.

Creating a Donor 80G Certificate

  1. Go to Non Profit > Tax Exemption 80G Certificate > New.
  2. Set the Naming Series and designate the Certificate Recipient as Donor.
  3. Select the Donor. The system automatically fetches the Donor Name, Email, and PAN Number.
  4. Select the Date.
  5. Choose the Company. The 80G Number, PAN, and other details will be fetched automatically.
  6. Select the company address you want to print on the certificate. If unspecified, the default company address will be used.
  7. Select the donation for which you want to generate the certificate. The donation details will be fetched for the selected donation.

You can now save your progress. A Print Format titled 80G Certificate for Donations is available for use.

Conclusion

Creating 80G Certificates in Empress simplifies the process of managing tax-exempt donations and memberships. It automates the retrieval of necessary details, saving time and reducing errors.

By using Empress, businesses can efficiently manage their philanthropic efforts and enjoy the tax benefits that come with them.

For additional help, please refer to the user-friendly guides and support available on the Empress website.