Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy services in Godda. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants get to something for our society. We will meet the expense of you whatever important suggestion about Trust Registration in this article in brief. We will also encourage you in documents preparation for daily business of the Trusts.
Trust Registration In Godda
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 receiver is large number of normal public.
In Trust everything profits is used to publicity of public welfare. Trust are made for providing social welfare works gone women empowerment, Girls educations, education for whatever peoples, providing safety improvement to Animals, Setting stirring of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by capability of trust feat non judicial stamp paper (in Bihar stamp duty is differs from supplementary states). In Trust registration minimum 3 members is required at a era of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main publish in Trust Formation. All daylight to day protest 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 final by this act. Trustees is forlorn worker of trust, Trust is valid entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the assist of society.
- Providing plus in claiming exemption under income tax.
- For the Welfare of the heir and his relations member
- For CSR goings-on of companies
- Donations from Governments and other publics.
- Limited liability of Members
- Flexibility in distribution of pro among beneficiary.
Process of Trust Registration
- Preparation of trust deed upon non judicial Stamp paper.
- Government registration go forward payment.
- Registration made later than sub registrar office where the registered office of trust is situated.
- All members gift during the registration next his documents and two witnesses.
- After 3 or 4 operational days registered Trust triumph is collected from sub registrar office.
Can we pull off Trust Registration online?
Till now Trust registration is sufficiently based on offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your anything documents we will prepared trust Deed and after that one day whatever members are coming to sub registrar office. You can pay us online .