What is 35AC Registration? (In Short)

35AC Registration is a very different thing compare to FCRA registration, 12A registration and 80registration. 35 AC is section of Income Tax. To register as 35 AC organisation application should be submit our project proposal to National Committee. After evaluation of project report the committee approve or disapprove the project.

Any scientific research association / organization which has its objects, carrying out the scientific research or social science research or social science research can be approved under section 35 I(ii) and 35I(iii) in accordance with the guidelines and other conditions as may be notified in the official gazette of the central government. The donor will receive 100% to 175% weighted deduction on the donated amount under different subsection of Section 35AC of income Tax. The application shall be made to the Secretary, National Committee for Promotion of Social & Economic Welfare, Dept. of Revenue, Govt. of India, North Block, New Delhi – 110001.

The Central Government approves certain NGOs and notifies them as eligible for project or schemes for the purposes of section 35AC. If an NGO succeeds in getting such an approval for its projects then it stands a very good chance of mobilising funds from the corporate and the business sector. Business houses making contribution to such approved projects are allowed the benefits of deducting such contribution as expenditure.