Simplest form of NGO registration in Banka is Trust Registration. A minimum of three people who may or may not be of the thesame family come together to a mutual contract to fulfil a motive of common good can allow the link a form of trust. Trust registration in Banka can be finished in 4-5 operational days. A trust talent is drafted and is registered similar to the District Registrar in presence of witness. Once the execution is registered the registration process is unconditional thereafter the trust may apply for PAN and entrance 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 bill 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 get older 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 objective of Income Tax Act then again it will be considered as link of person.
WHAT IS A TRUST DEED?
A trust attainment is a genuine document evidencing the registration and start 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 isolated after mutual enter upon of everything the Trustees.