• The Organization which is Incorporated with aim of Social Welfare it’s called NGO.
  • It is a non-profit organization that operates independently of any government.
  • It can take the tax benefits prescribed u/s 12AA and 80G of Income Tax Act-1961.
  • The typical sources of revenue for NGO are donations, funding grants from unilateral and multi-lateral agencies, membership fees, miscellaneous sources and interest and dividends on investments.