Accountancy Forum

An institution is being run on non-profit, no loss basis. The institute is being run by a society. How to get NTN for the institution(status), and can the institution claim for exemption?

Dear

Yes you can apply for NTN from FBR . But for tax exemption you have to follow the procedure e.g at least three years audited accounts must be available of the said NGO etc

http//www.fbr.gov.pk/NewNTN/TFNGuidlines.htm