Essential Certifications & Compliances
Accurate and timely income tax return filing for individuals, businesses, and trusts. We ensure maximum deductions and zero compliance errors.
Mandatory certifications for foreign remittances. We assist with Form 15CA and 15CB filing to ensure compliance with RBI and income tax regulations.
Certified net worth statements for loan applications, bank funding, tender submissions, and investor requirements.
Audited turnover certificates for government tenders, bank limits, and business loan eligibility verification.
Complete TDS management including TAN registration, monthly calculations, challan generation, quarterly returns, and Form 16/16A issuance.
State-wise professional tax registration, monthly challan filing, return submission, and compliance management for your business.
Credit Monitoring Arrangement (CMA) data preparation for bank loan assessments, working capital limits, and project financing.
Trust Registration & Audit
Trust Registration is one of the oldest and most respected legal structures for charitable and religious organizations in Mumbai. Governed by the Indian Trusts Act, 1882 and state-specific Public Trusts Acts, a Trust provides a flexible and straightforward way to formalize charitable intentions.
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A Trust is a legal arrangement where one party (the Settlor/Author) transfers assets to another party (the Trustee) to hold and manage for the benefit of a third party (the Beneficiary). The Trust is governed by the terms specified in the Trust Deed, a legally binding document that outlines the objectives, rules, and management structure.
In India, Trusts are primarily of two types: Private Trusts governed by the Indian Trusts Act, 1882, and Public/Charitable Trusts governed by state-specific Public Trusts Acts (such as the Maharashtra Public Trusts Act, 1950). Charitable Trusts are formed for the benefit of the public at large, while Private Trusts benefit specific individuals or families.
Trusts are inherently irrevocable unless the Trust Deed specifically allows for revocation. This means once a Trust is created, the Settlor cannot easily take back the assets or dissolve the Trust without legal intervention. This feature makes Trusts particularly suitable for long-term charitable work and family wealth protection.
The person who creates the Trust and transfers assets into it. The Settlor defines the objectives and terms of the Trust.
The person or persons who manage the Trust assets and ensure the objectives are fulfilled. Trustees have a fiduciary duty to act in the best interest of beneficiaries.
The person or group for whose benefit the Trust is created. In charitable trusts, the beneficiaries are typically the public or a section of the public.
The legal document that outlines the Trust's objectives, rules, trustee powers, and management structure.
Created for public benefit including education, medical relief, poverty alleviation, and environmental protection.
Formed for religious purposes such as maintaining temples, churches, mosques, or promoting religious activities.
Created for benefit of specific individuals or families. Used for wealth management and succession planning.
Combines both public and private objectives, benefiting family members while conducting charitable activities.
Trusts are easier to form compared to Section 8 Companies. No government license is required before registration.
Ideal for promoting education, medical relief, poverty alleviation, religion, and environmental protection.
Trustees have full control over Trust affairs as per the Trust Deed, allowing quick decision-making.
Trust assets are separate from personal assets of Settlor and Trustees, providing protection from personal liabilities.
A Trust can exist indefinitely, continuing its charitable work across generations regardless of changes in trustees.
Eligible for 12A (income tax exemption) and 80G (donor tax deduction) registrations.
Trusts can be registered in 7-10 days without government license approval.
With 80G registration, donors can claim tax deductions on their contributions.
12A registration exempts the Trust's income from taxation.
Trustees have complete control over Trust operations without external interference.
Eligible for FCRA registration to receive donations from international organizations.
Simpler compliance requirements compared to Section 8 Companies.
Select a unique and meaningful name that reflects your charitable objectives.
Our legal experts draft a comprehensive Trust Deed on appropriate stamp paper.
Trust Deed signed by Author/Settlor, Trustees, and two witnesses.
Present the executed Trust Deed to the local Sub-Registrar's office for registration.
After verification, the Sub-Registrar stamps the Trust Deed and provides the registered document.
We assist with PAN application for the Trust.
Help open a bank account in the Trust's name using registered Trust Deed and PAN.
Guidance on applying for tax exemption and donor deduction registrations.
We provide comprehensive audit and compliance services for registered Trusts
Income tax return filing for trusts
Audit of Trust accounts by Chartered Accountant
Filing with Charity Commissioner
FCRA compliance for foreign contributions