Registration of Society

• July 1, 2020
• CA Chandan Agarwal's Office

Relevant Act: Societies Registration Act, 1860

What is Society?

It means an organized group of persons associated together for charitable purpose called society.

Here the charitable purpose which came within the language and spirit of the statute of Elizabeth could be group into four heads-

1. Relief of poverty,

2. Education,

3. Advancement of religion and

4. Other purposes beneficial to the community.

How to form a society?

By Memorandum of association and registration.

1. Any seven or more persons associated for-

a. Literary,

b. Scientific,

c. Charitable purpose,

by subscribing their name to a Memorandum of association, and

2. Filling the same with the Registrar of Joint-stock Companies form themselves into a society under the Act.

Read more on: https://taxguru.in/income-tax/registration-society.html