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Paying Accreted tax is quick and easy, and can be done online with ngoministry.com in 3 simple steps.
We assess your accreted tax liability.
We make payment of tax to the Government.
We follow-up with Government to ensure that no issues arise in future.
Legal Basis: Section 352 of the Income‑tax Act, 2025.
Trigger Events (when accreted tax applies): Registration under Section 12AB/332 is cancelled or not renewed.
Tax Rate: Levied at the maximum marginal rate (MMR), currently 30% plus applicable surcharge and cess, on the accreted income.
Accreted Income Meaning: Net worth on the date of cancellation/expiry as reduced by net worth on the date of registration u/s 12AB/332. Basically, you have to pay tax on the increase of net worth after receiving registration u/s 12AB/332.
Due Date: Tax must be paid within 14 days of the specified date.
📌 Failure to pay accreted tax within the prescribed time renders the NGO an assessee‑in‑default, attracting interest under Section 115TE, recovery proceedings under the Income‑tax Act, and potential penalties and prosecution under Section 115TF.
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