Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy services in Jamal 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 come stirring with the maintenance for you whatever important information about Trust Registration in this article in brief. We will also help you in documents preparation for daily issue of the Trusts.
Trust Registration In Jamal 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 beneficiary is large number of usual public.
In Trust whatever profits is used to publicity of public welfare. Trust are made for providing social welfare works taking into account women empowerment, Girls educations, education for whatever peoples, providing safety help to Animals, Setting stirring of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by deed of trust exploit non judicial stamp paper (in Bihar stamp adherence 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 proclaim in Trust Formation. All morning to day to-do 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 perfect by this act. Trustees is only worker of trust, Trust is legitimate entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the foster of society.
- Providing benefit in claiming exemption under income tax.
- For the Welfare of the receiver and his family member
- For CSR happenings of companies
- Donations from Governments and other publics.
- Limited responsibility of Members
- Flexibility in distribution of help among beneficiary.
Process of Trust Registration
- Preparation of trust deed upon non judicial Stamp paper.
- Government registration improve payment.
- Registration made behind sub registrar office where the registered office of trust is situated.
- All members gift during the registration subsequently his documents and two witnesses.
- After 3 or 4 keen days registered Trust success is collected from sub registrar office.
Can we pull off Trust Registration online?
Till now Trust registration is sufficiently based upon offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your whatever documents we will prepared trust Deed and subsequently one day anything members are coming to sub registrar office. You can pay us online .