Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy facilities in Simdega. 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 find the grant for you anything important assistance about Trust Registration in this article in brief. We will also urge on you in documents preparation for daily situation of the Trusts.
Trust Registration In Simdega
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 anything profits is used to publicity of public welfare. Trust are made for providing social welfare works afterward women empowerment, Girls educations, education for everything peoples, providing safety gain to Animals, Setting going on of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by finishing of trust endowment non judicial stamp paper (in Bihar stamp commitment 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 say in Trust Formation. All daylight to day excitement 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 fixed by this act. Trustees is isolated worker of trust, Trust is real entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the service of society.
- Providing lead in claiming exemption below income tax.
- For the Welfare of the heir and his relations member
- For CSR comings and goings of companies
- Donations from Governments and supplementary publics.
- Limited liability of Members
- Flexibility in distribution of improvement among beneficiary.
Process of Trust Registration
- Preparation of trust deed on non judicial Stamp paper.
- Government registration proceed payment.
- Registration made next sub registrar office where the registered office of trust is situated.
- All members present during the registration as soon as his documents and two witnesses.
- After 3 or 4 committed days registered Trust finishing is collected from sub registrar office.
Can we pull off Trust Registration online?
Till now Trust registration is adequately based upon offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your everything documents we will prepared trust Deed and later one day all members are coming to sub registrar office. You can pay us online .