TRUST Purpose Registration with Charity Commissioner Registration with

TRUST Purpose Registration with Charity Commissioner Registration with Income Tax

PURPOSE To receive the Donation for the Community Project or Corpus To execute the projects for which Donation is received To provide Income Tax Exemption to the Donors if registered with Income Tax

REGISTRATION WITH CHARITY COMMISSIONER Application Form Registration within 90 days if all the documents submitted Charity Commissioner works like court All the donations must be approved by Charity Commissioner either on continues basis or one time permission Charity Commissioner’s record to be updated and copy should be obtained

REQUIREMENT AT CHARITY COMMISSIONER’S OFFICE Meeting of Board of Trustees must be held every quarter and attendance should be recorded Minute Book of the Board of Trustees Budget of every financial year should be submitted by 28 th February On Letter Head Registration No. , Permanent Address of the Trust and PAN No. must be mention Change of Trustees, Address of Trust must be inform within 90 days from the change Audited Accounts in proper format to be

REGISTRATION WITH INCOME TAX After Registration with Charity Commissioner application should be send to Income Tax for Registration under section 12 A (a) After this registration application for 80 G to be given for tax exemption and get approved Audited Accounts with report U/s. 12 A(b) to be submitted along with Income Tax Return before 30 th September Receipts to the Donors should be issue within 30 days Follow all the TDS Rules while spending the money and issue certificate to the beneficiaries

Donations more than Rs. 20, 000/- in cash should not be accepted All Donation cheques must be accompanied with the letter on their letter head mentioning the purpose of donation and their PAN No. Unutilised donations during the year should be Earmarked and must be spent within 5 years of their receipts Fund Raising should be properly recorded and TDS must be deducted for expenditure incurred and collect their PAN No.

FUND RAISING TRUST PURPOSE RESOURCES ACTIVITIES CAUTIONS

PURPOSE Corpus of the Trust Permanent Project Specific Project Regular Club Project

RESOURCES Club Members Community Donors Corporate Donors Trust Donors

ACTIVITIES Entertainment Fun Programme Fair Exhibition Film Show Games Sponsors Souvenir Auction Unusual/New Activity

CAUTIONS Selection of Chairman Expenses on the Programme Statutory Permission Licenses Accounting Reporting to Donors Reporting to Members

THANK YOU ! Subodh Bohra