Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy services in Fraser Road. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants complete to something for our society. We will present you everything important recommendation about Trust Registration in this article in brief. We will also put in the works to you in documents preparation for daily concern of the Trusts.
Trust Registration In Fraser Road
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 anything profits is used to marketing of public welfare. Trust are made for providing social welfare works behind women empowerment, Girls educations, education for everything peoples, providing safety plus to Animals, Setting going on of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by carrying out of trust endowment non judicial stamp paper (in Bihar stamp adherence is differs from new 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 name in Trust Formation. All hours of daylight to day argument 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 answer by this act. Trustees is and no-one else worker of trust, Trust is authentic entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the assist of society.
- Providing lead in claiming exemption below income tax.
- For the Welfare of the receiver and his relatives member
- For CSR happenings of companies
- Donations from Governments and extra publics.
- Limited liability of Members
- Flexibility in distribution of gain among beneficiary.
Process of Trust Registration
- Preparation of trust deed upon non judicial Stamp paper.
- Government registration press on payment.
- Registration made considering sub registrar office where the registered office of trust is situated.
- All members gift during the registration considering his documents and two witnesses.
- After 3 or 4 enthusiastic days registered Trust endowment is collected from sub registrar office.
Can we attain Trust Registration online?
Till now Trust registration is abundantly based upon offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your anything documents we will prepared trust Deed and later one day whatever members are coming to sub registrar office. You can pay us online .