Registration of recreation club

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This query is : Resolved

Navin M Patel (Querist)

14 December 2011 Dear all,

A PSU (Public Sector Unit)’s employees make a Recreation club. A PSU bare all expenses to operate the said Club. The said Club has own by laws. The activates of the said Club are members welfare, organized social occasion, get to gather etc. Now my question is….
1. Is it mandatory to register the said Club?
2. If yes, when and which govt.dept register the said club?
3. Any liabilities under Income Tax?

Guest

Guest (Expert)

15 December 2011 15th December, 2011

Dear Navin,

The Club has to be registered in keeping with its bye-laws under any one of the following Acts :

Non-profit organizations created for the larger public good
1. The Societies Registration Act, 1860
2. The Indian Trusts Act, 1882
3. Public Trust Act, 1950
4. The Indian Companies Act (Section 25), 1956

Provisions of relevant Sections of the Income Tax Act will apply.

FCA Prashant Chavan

Navin M Patel

Navin M Patel (Querist)

15 December 2011 Thank you very much SIR

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