Regarding restration of ngo.
This query is : Resolved
25 September 2014
Dear Sir/Madam,
We CA student union started Social work we have a group for it. Now we want to registered for society.
I would like to take suggestion that where we should get registered whether in Sec 25 company or Society in state registration office.
What are the benefit and drawback in both of them.
We CA student union started Social work we have a group for it. Now we want to registered for society.
I would like to take suggestion that where we should get registered whether in Sec 25 company or Society in state registration office.
What are the benefit and drawback in both of them.
26 September 2014
always prefer not-for-profit company. ROC is a much easier govt office to deal with in comparison to registrar of societies...everything is governed by clear rules prescribed under companies act, filings are online...that allows a much more transparent and stable operational environment...
26 September 2014
OK sir Thank you,
Here Share capital will be nil??? We are student we are not doing it for earning purpose as person do we want to registered it for getting only identity for that we can get bank account and we have law.
and is there any tax liability will be made??
Here Share capital will be nil??? We are student we are not doing it for earning purpose as person do we want to registered it for getting only identity for that we can get bank account and we have law.
and is there any tax liability will be made??
26 September 2014
for tax purposes, you need to register under section 12A irrespective of whether you form a company or a trust. given that you are a bunch of CA students, you people should know this much!
27 September 2014
Ok Sir Thanks a lot............
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITC availability for BOLERO-HILUX (HIGH AT, M1G) HLXX0
- 139(4) for ITR-5- audit
- TDS-Fixed assets
- Joint Account Closure
- Registartion of trust
- Advice on How to calculate the peak balance needed for schedule FA in India for US checking account?
- TDS can We Adjust 194C Amount to 194J
- Are reflected in 2B in GST portal
- Mentioned xyz as employer name instead of xyz LLC in ITR
- Regarding Claim of ITC of FY 2020-21
- IE code and bin code
- GST applicability on Education Institutions
- Complication in generating GSTR-2B
- TDS DEMAND.
- Assesee supply services in RCM, above 2 crores turnover, is he applicable to file Gstr9
- DTAA Income
- Sale of liquidated company
- How to calculate tax as Income & Tax Calculator on e-Filing website is giving wrong results.
- Updation of UDIN for ROC forms AOC-4 and MGT-7
- Invoices not transmitted to ICEGATE because of non-authentication of Aadhaar
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert14 February 2025 -
Survey, Search and Seizure under Income Tax Act 1961
CA Hari Agarwal
CAclubindia
