Trusts are established under the Indian Trusts Act, 1882, to serve charitable or religious purposes. A trust deed outlines the objectives and operational guidelines. Public trusts are eligible for tax exemptions under Section 80G and 12A of the Income Tax Act. Trusts must also maintain proper records of donations and expenditures to retain their tax-exempt status.
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Digitax Consultancy was founded on April 1, 2011, by Vishwa Jeet Dwivedi and Amit Kumar Jha, two visionaries with a passion for simplifying financial services.
