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Re: why register
hi,
>>>>> "Arun" == Arun Sharma <adsharma@xxxxxxxxxxxxxxx> writes:
Arun> On Sat, Sep 02, 2000 at 11:56:18PM +0530, Indranil Das Gupta
Arun> wrote:
>> I would also like to know what is the status of
>> contributions/donations made to non-profit organisation? are
>> these contribution if made by any person exempt from taxation
>> in anyway?
Arun> In the US, you have to be a registered under a specific tax
Arun> category 501(c). There must be a similar tax law in India.
Yes, there is one. I dont know the exact thing but I think
you need the 80G excemption thing, this does require a formal
organisation.
prabhu