Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy facilities in Shahpur. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants accomplish to something for our society. We will offer you anything important assistance 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 Shahpur
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 anything profits is used to marketing of public welfare. Trust are made for providing social welfare works gone women empowerment, Girls educations, education for anything peoples, providing safety plus to Animals, Setting in the works of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by expertise of trust skill non judicial stamp paper (in Bihar stamp faithfulness is differs from other 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 reveal in Trust Formation. All morning to day upheaval 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 utter by this act. Trustees is isolated worker of trust, Trust is true entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the utility of society.
- Providing benefit in claiming exemption under income tax.
- For the Welfare of the heir and his associates member
- For CSR events of companies
- Donations from Governments and additional publics.
- Limited answerability of Members
- Flexibility in distribution of lead among beneficiary.
Process of Trust Registration
- Preparation of trust deed on non judicial Stamp paper.
- Government registration develop payment.
- Registration made later than sub registrar office where the registered office of trust is situated.
- All members gift during the registration in the melody of his documents and two witnesses.
- After 3 or 4 operating days registered Trust carrying out is collected from sub registrar office.
Can we attain Trust Registration online?
Till now Trust registration is fully 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 subsequently one day whatever members are coming to sub registrar office. You can pay us online .