Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy services in Jehanabad. 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 provide you all important counsel about Trust Registration in this article in brief. We will also encourage you in documents preparation for daily thing of the Trusts.
Trust Registration In Jehanabad
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 later women empowerment, Girls educations, education for everything peoples, providing safety help to Animals, Setting going on of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by expertise of trust deed non judicial stamp paper (in Bihar stamp faithfulness is differs from supplementary states). In Trust registration minimum 3 members is required at a become old of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main publish 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 unchangeable by this act. Trustees is lonesome worker of trust, Trust is authenticated entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the encouragement of society.
- Providing gain in claiming exemption under income tax.
- For the Welfare of the receiver and his family member
- For CSR goings-on of companies
- Donations from Governments and new publics.
- Limited answerability of Members
- Flexibility in distribution of improvement among beneficiary.
Process of Trust Registration
- Preparation of trust deed upon non judicial Stamp paper.
- Government registration fee payment.
- Registration made when sub registrar office where the registered office of trust is situated.
- All members present during the registration afterward his documents and two witnesses.
- After 3 or 4 in force days registered Trust expertise is collected from sub registrar office.
Can we reach Trust Registration online?
Till now Trust registration is adequately based on offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your everything documents we will prepared trust Deed and next one day whatever members are coming to sub registrar office. You can pay us online .