Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy facilities in Tupudana. 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 allow you everything important guidance about Trust Registration in this article in brief. We will also incite you in documents preparation for daily matter of the Trusts.
Trust Registration In Tupudana
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 everything profits is used to promotion of public welfare. Trust are made for providing social welfare works bearing in mind women empowerment, Girls educations, education for all peoples, providing safety gain to Animals, Setting happening of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by capability of trust capability non judicial stamp paper (in Bihar stamp commitment is differs from further 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 pronounce in Trust Formation. All day to day bustle 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 unadulterated by this act. Trustees is by yourself worker of trust, Trust is real entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the bolster of society.
- Providing benefit in claiming exemption below income tax.
- For the Welfare of the beneficiary and his relations member
- For CSR comings and goings of companies
- Donations from Governments and new publics.
- Limited responsibility of Members
- Flexibility in distribution of gain among beneficiary.
Process of Trust Registration
- Preparation of trust deed on non judicial Stamp paper.
- Government registration build up payment.
- Registration made afterward sub registrar office where the registered office of trust is situated.
- All members gift during the registration later than his documents and two witnesses.
- After 3 or 4 operating days registered Trust talent is collected from sub registrar office.
Can we complete 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 everything members are coming to sub registrar office. You can pay us online .