How to open a charitable trust- see here

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The preocess of charitable trust opening has two stpes mentioned below:

1. Register a trust deed with registering authority

prepare the trust deed on non-judicial stamp paper & than submit it to the district register

Trust deed contents--

name of trust

name of trust authors, settlers,

name of trustees

if public at large beneficiaries than mention it

detsils of principal offioce & branch office

properties which are devolve on trustees

procedure of appoinment ,reappointment, removal of trustes & their rights , duties, power

rights & duties of beneficiaries

 

2. applying com./ of Income tax for exemption purpose.

original copy submission of trust deed, timelimit- within 1 year from creation of trust deed

 

 

If u have any query than contact me....

Regards- CA Lokesh Pokharna

 

Replies (2)

Dear lokesh Sir,

Pls. guide the reference books for SFM & AMA as studied by you.

 

Waiting your reply

As regards SFm- o studied A.N. sridhar.. and AMA- i read padhuka , but i found that its not right choice..rather i would suggest costing is  a subject where ur conceptual clearity more required rather lenghty stury so arrange notes of good coaching academy and study from them otherwise study module...


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