Education.

Anil Arora & Co. works with schools, colleges, coaching institutions, and educational trusts, which in India operate almost entirely through not-for-profit vehicles — public trusts under state Trust Acts, societies under the Societies Registration Act 1860, or Section 8 companies under the Companies Act 2013 — and the choice of vehicle drives everything downstream. The income-tax position is governed by Sections 10(23C)(iiiab)/(iiiad)/(vi) and Section 11 read with Section 12A; the new registration-and-renewal regime under Sections 12AB and 80G (introduced in 2020 and recalibrated since) requires re-registration every five years, application of income at the prescribed 85% threshold, deemed-application paperwork under Form 9A and Form 10, and audit reporting in Form 10B or 10BB depending on the institution's size.

Foreign contributions are a separate regime entirely. An institution that receives foreign donations or research grants must hold a valid FCRA registration (or prior permission), maintain a designated SBI New Delhi main-branch account, file Form FC-4 annually with audited utilisation, and stay within the prescribed administrative-expense ceiling. Add to this the regulator-specific compliance (UGC / AICTE / state higher-education department recognition, RTE-related state filings, and CBSE / state-board affiliation renewals) and the picture is one of densely-overlapping rules.