Need help on profitabe trust

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Ankur (Querist)
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29 October 2012 One of my client want to set up a BAMS and Nursing College.
He asked for advise whether to set up it as a Charirtable Trust or Profitable Trust and also their pros and cons.
Kindly advise me on the same, So that we can proceed further with it.
Thanking You in anticipation.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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29 October 2012 read:

https://www.caclubindia.com/share_files/ngo-registration-36660.asp#.UI5hZ2c-1tg

NOTED:
******

Requirements for the Charitable Trust:-

At least one person Settlor (One who is forming the trust)

At least one person as Trustee ( Settlor and Trustee may be same person)

At least one person as witness
Some property to form trust (Generally Rs.1000.00)

Documents need
***************

ID Proof of Settlor, Trustee, and Witness.
Water bill or House tax receipt as address proof of Regd. Office of Trust
Charitable Trust Deed on stamp paper

Signed Authority Letter

further info:

https://www.alliedlegalonline.com/feedback.htm

Regards.

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