Simplest form of NGO registration in Simdega is Trust Registration. A minimum of three people who may or may not be of the similar family come together to a mutual treaty to fulfil a motive of common good can offer the relationship a form of trust. Trust registration in Simdega can be over and done with in 4-5 energetic days. A trust expertise is drafted and is registered later the District Registrar in presence of witness. Once the achievement is registered the registration process is supreme thereafter the trust may apply for PAN and right to use bank account to carry on its business.
DOCUMENTS AND INFORATION REQUIRED FOR TRUST REGISTRATION:
- TRUSTEE – MINIMUM 3
PAN
AADDHAR
Photograph
- ADDRESS PROOF OF TRUST
Electricity explanation and Rent Agreement
- NAME OF THE TRUST
- OBJECT OF THE TRUST
- DETAILS OF THE TRSUTEES HOLDING THE POSITION OF PRESIDENT, SECRETARY AND TREASURER
CAN A TRUST APPLY FOR 12A/80G REGISTRATION?
Yes, a trust can any period after its registration apply for 12A/80G registration.
IS TRUST A NGO?
A trust having a 12A registration shall be considered as NGO for the wish of Income Tax Act then again it will be considered as association of person.
WHAT IS A TRUST DEED?
A trust achievement is a valid document evidencing the registration and establishment of trust and it contains in detail rights and liabilities of Trust and its Trustees.
CAN A TRSUT BE DISSOLVED?
Yes a Trust can be dissolved but without help after mutual ascend of all the Trustees.