Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy facilities in Delhi. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants pull off to something for our society. We will manage to pay for you everything important guidance about Trust Registration in this article in brief. We will also encourage you in documents preparation for daily matter of the Trusts.
Trust Registration In Delhi
Trust is registered as per provisions of Indian Trust Act, 1882. Indian Trust Act, 1882 provides Trust is classified into two types.
- Private trust in which beneficiaries is individuals or families.
- Public Trust in which heir is large number of normal public.
In Trust whatever profits is used to publicity of public welfare. Trust are made for providing social welfare works when women empowerment, Girls educations, education for whatever peoples, providing safety gain to Animals, Setting up of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by achievement of trust endowment non judicial stamp paper (in Bihar stamp commitment is differs from supplementary states). In Trust registration minimum 3 members is required at a get older of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main declare in Trust Formation. All day to day bustle of trusts is runs by the President of Trust. All assets of Trust are property of Trust not its members. In Trust Registration no limit for the members is fixed idea by this act. Trustees is unaccompanied worker of trust, Trust is authenticated entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the bolster of society.
- Providing benefit in claiming exemption below income tax.
- For the Welfare of the heir and his relations member
- For CSR actions of companies
- Donations from Governments and other publics.
- Limited answerability of Members
- Flexibility in distribution of pro among beneficiary.
Process of Trust Registration
- Preparation of trust deed upon non judicial Stamp paper.
- Government registration improvement payment.
- Registration made as soon as sub registrar office where the registered office of trust is situated.
- All members gift during the registration subsequent to his documents and two witnesses.
- After 3 or 4 lively days registered Trust success is collected from sub registrar office.
Can we realize Trust Registration online?
Till now Trust registration is thoroughly based on offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your whatever documents we will prepared trust Deed and then one day whatever members are coming to sub registrar office. You can pay us online .