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Regitration under Bomby Plublic Trust Act, 1950 for Trust

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(Querist)
13 November 2021 Our trust has registered under Society Registgration Act, 1860. Whether it is necessary to register under BOMBAY PUBLIC TRUST , 1950. Kindly advise us. The said trust is already registered under Section 12A of Income Tax, 1961.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
13 November 2021 Societies formed either for a religious or charitable purpose or for both and registered under the Societies Registration Act, 1860, are liable to be registered under the Bombay Public Trusts Act, 1950 also.
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