Patna consultant provides Trust registration services, trust formation services, trust auditing facilities and trust tax consultancy facilities in Mahendru. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants realize to something for our society. We will have the funds for you whatever important guidance about Trust Registration in this article in brief. We will also incite you in documents preparation for daily concern of the Trusts.
Trust Registration In Mahendru
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 all profits is used to marketing of public welfare. Trust are made for providing social welfare works following women empowerment, Girls educations, education for everything peoples, providing safety lead to Animals, Setting going on of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by deed of trust achievement non judicial stamp paper (in Bihar stamp commitment is differs from extra states). In Trust registration minimum 3 members is required at a mature of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main make known in Trust Formation. All morning to day bother 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 and no-one else worker of trust, Trust is real entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the facilitate of society.
- Providing improvement in claiming exemption under income tax.
- For the Welfare of the beneficiary and his associates member
- For CSR deeds of companies
- Donations from Governments and extra 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 forward movement payment.
- Registration made like sub registrar office where the registered office of trust is situated.
- All members gift during the registration when his documents and two witnesses.
- After 3 or 4 lively days registered Trust exploit is collected from sub registrar office.
Can we do Trust Registration online?
Till now Trust registration is thoroughly 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 after that one day whatever members are coming to sub registrar office. You can pay us online .