Trust Formation & Compliance Services
Trusts are commonly formed for charitable, religious, or private purposes and are governed by the Indian Trusts Act or relevant state trust laws.
Trust registration involves:
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Drafting of Trust Deed
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Identification of trustees and settlor
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Defining charitable or private objectives
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Registration with appropriate authority
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PAN application
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12A & 80G registration (if applicable)
Post-registration compliance includes:
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Maintenance of proper books of accounts
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Filing of income tax returns
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Audit under Income Tax Act (if applicable)
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Application of income as per trust objectives
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Compliance with donor reporting norms
Trust audit ensures that funds are utilized strictly in accordance with declared objectives and statutory guidelines.
Proper governance enhances transparency and donor confidence.