Society Registration in Hyderabad
An entity or group of people working together not for profits but for the welfare of the general public with an agenda of helping the community has an option of Society registration to gain a legal status. Societies are usually formed for the promotion of charitable activities like education, religion, art and culture, music and sports activities etc. A Society can be formed by a minimum of seven or more than seven persons. Societies can be registered or unregistered.
There are two types of society, one is for National Level Society , and another one is State Level Society. Only registered Societies can be legally protected and can take advantage of benefit given by the government.A registration application includes the society’s memorandum of association and rules and regulations. The State Government look after the Society Registration. Thus, the application for society registration has to be submitted to the prescribed authority of the state, where the registered office of society is situated. The requisite fees are also decided by the state government. Society income is exempted from tax. For this, after registration, you need to acquire a certificate from the Income Tax Department. This certificate is called 12A. Donations to the society are also exempted from tax. Our TaxfillingIndia team will handle end to end process like the arrangement of all the necessary documents and filing of Society registration application with the appropriate government authority.