18 April 2012
I ALONG WITH MY FRIENDS AND FAMILY MEMBERS WANT TO CREATE A TRUST BY INTRODUCING RS 1 LACS BY MYSELF AND 50K EACH BY MY FRIENDS AND OTHER FAMILY MEMBERS. ANY OTHER PERSON CAN BE THE TRUSTEE OF THE SAID TRUST BY DONATING SOME SPECIFIED AMOUNT TO THE TRUST. THE PURPOSE OF THE TRUST SHALL BE OF CHARITABLE PURPOSE FOR ALL SECTION OF THE SOCIETY. IN FUTURE WE ARE PLANNING TO OPEN A CHARITIBLE EDUCATION CENTER WHERE EDUCATION SHALL BE PROVIDED TO THE POOR SECTION OF THE SOCIETY. WE WANT THE TRUST TO BE REGISTERED UNDER INCOME TAX ACT AND ALSO UNDER SECTION 80G.
SO WE WANT TO KNOW ABOUT
1. THE FORMAT OF THE TRUST DEED. 2. PROCESS OF REGISTRATION UNDER INCOME TAX ACT.