Trust Registration in Coimbatore
                     Trust Registration in 
Coimbatore
A trust is usually called as ‘charitable trust’ which provides 
social benefit for some of the people. Charity begins at 
home is famous quote for encouraging the people to have 
charity mind. The law stands by the people who want to run 
the trust.
The Act was called as Indian Trust Act 1882.  Trust 
Registration in Coimbatore says that it came into force in the 
year1882 local extent. The trust is almost created for 
obtaining the tax benefits, to have control over the 
properties. It is created by the settler. Any non-government 
organisation can be formed as Trust. It can be registered 
under Section 8 of the Companies Act. The Section 2 (15) of 
the Income tax defines the charitable purpose.
The  trust deed  is  an  important  aspect  which  brings  the  trust  into  existence.  The  
deed  contains  the  rules  and  regulations  of  the  trust.  Trust  Registration  in  Coimbatore  
says  that  the  deed  contains  various  clauses.  The  clauses  are  name  clause,  settler  and  
trustee  clause,  registered  office  clause,  object  clause  and  the  beneficiaries  and  also  
General Body member clause. The trust is not a separate legal entity. The trust deed 
should  be  drafted  in  which  the  parties  of  the  deed  shall  be  settlor,  trustee  and  the  
beneficiary.
Registration Process
• Primary thing is you have to be careful in selecting the 
Name of the trust. The name selection should not be lean 
on the beliefs of the government. The government 
maintains the list of names which are prohibited. This is 
defined under the Emblems and Names Act 1950. 
Interestingly if you register a name which is already 
registered you will not be sued. 
• Secondly you should determine the settlor who is about 
to form the trust. The author is no need to be a qualified 
person, can be a male or female. 
• Then comes the preparation of the memorandum of 
association.
• The trust deed should be 
drafted in which the parties of 
the deed shall be settlor, 
trustee and the beneficiary. 
They should have the PAN, 
TAN and valid identity and 
address proofs.
Private vs Public Trust
Private vs Public Trust
         Private  Trust             Public Trust
• A private trust can be started by • A public trust is established to 
any individual. help the needy in the society. So 
• A person with sound mind, that the property should exist 
major can form the trust. Even and the trust should be 
on behalf of a minor the trust intended to serve the society.
can be started. •  Its registration needs the details 
• In a private trust the trustee of the trustees and the 
who is holding the property. beneficiaries.
• private trust cannot enjoy the • public trust can enjoy all the 
tax benefits and privileges privileges declared by the 
announced by the government. government and the tax benefits 
once registered
Due to COVID-19 pandemic outbreak, the new entities are expected to 
get the registration by October 1, 2020. It is the relaxation announced 
by the government during these hard times. The income is exempt 
under the section 10 (23 C) section 11 or the purpose of 80G of income 
tax making the registration valid for five years. This made effective on 
June 1 2020. It is now pushed back to October1, 2020
The CBDT (Central Board of Direct taxes), said that it has the concern 
of the new procedure. Trust Registration in Coimbatore says that also 
it says that power which is being given to the Commissioner of Income 
tax with effective in June 1 2020 to cancel the trust registration, if the 
activities of the trust is not in accordance to the objective of the trust 
this cancellation can be done.
For further details contact
Address : 1A First Floor, Post Office Road, Krishnaswamy Nagar,   
         Ramanathapuram, Coimbatore-641045
Contact number : +91 7810001000
trustregistrationcoimbatore.in