Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

regisration of trust

vijay singla (learner) (340 Points)

11 May 2010

dear friends pls provide me information , whether a trust has to be got registered anywhere else except inome tax deptt and how it is to be registered?. one of my friend want to carry on charitable activities. should he form trust or soceity ? which is better and why? thanks in advance?

Reply
Follow
Share

2 Replies

Nirav Pankaj Shah (Advocate) (188 Points)
Replied 11 May 2010

Originally posted by : ca.vijay singla
	dear friends pls provide me information , whether a trust has to be got registered anywhere else except inome tax deptt and how it is to be registered?. one of my friend want to carry on charitable activities. should he form trust or soceity ? which is better and why? thanks in advance?

Form a charitable trust for this. then get the same registered with IT and also u can go for 80G and/or 35Ac Approvals ....u can also form sec 25 company but i would advise to form a Trust for this.....

Upgrade to CAclubindia Pro. Subscribe Now!

vijay singla (learner) (340 Points)
Replied 12 May 2010

Originally posted by : Nirav Pankaj Shah
	Originally posted by : ca.vijay singla dear friends pls provide me information , whether a trust has to be got registered anywhere else except inome tax deptt and how it is to be registered?. one of my friend want to carry on charitable activities. should he form trust or soceity ? which is better and why? thanks in advance? Form a charitable trust for this. then get the same registered with IT and also u can go for 80G and/or 35Ac Approvals ....u can also form sec 25 company but i would advise to form a Trust for this.....

dear sir thanks for replying my query. bt my question is before registration with income tax deptt is trust deed has to be registered anywhere else? what is advatage of forming a trust over forming soceity or registration of company u/s 25 of companies act