Patna consultant provides Trust registration services, trust formation services, trust auditing facilities and trust tax consultancy services in Kankarbagh. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants reach to something for our society. We will manage to pay for you whatever important guidance about Trust Registration in this article in brief. We will also assist you in documents preparation for daily event of the Trusts.
Trust Registration In Kankarbagh
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 everything profits is used to marketing of public welfare. Trust are made for providing social welfare works afterward women empowerment, Girls educations, education for everything peoples, providing safety improvement to Animals, Setting going on of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by deed of trust expertise non judicial stamp paper (in Bihar stamp loyalty is differs from additional 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 name in Trust Formation. All morning to day ruckus 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 unaccompanied worker of trust, Trust is true entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the minister to of society.
- Providing gain in claiming exemption below income tax.
- For the Welfare of the receiver and his family member
- For CSR endeavors of companies
- Donations from Governments and supplementary publics.
- Limited answerability of Members
- Flexibility in distribution of gain among beneficiary.
Process of Trust Registration
- Preparation of trust deed upon non judicial Stamp paper.
- Government registration progress payment.
- Registration made taking into account sub registrar office where the registered office of trust is situated.
- All members present during the registration once his documents and two witnesses.
- After 3 or 4 dynamic days registered Trust completion is collected from sub registrar office.
Can we get Trust Registration online?
Till now Trust registration is fully 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 .