ABOUT NGO

Asked in Trusts and estates

  • Vikky Singh

Expert's Answers(5)

  • Advocate MXM

    Guwahati, Assam
      2 Client Ratings

    NGOs are regulated by Societies Registration Act, it also provides tax benefits. Registered Company are governed by Companies Act, which do not provide tax benefits. Primary difference is both have different agenda, Both have different terms!! You cannot follow both at the same time, If you transform NGO into private company then the NGO registration will automatically be cancelled

    February 17, 2018
  • Advocate MXM

    Guwahati, Assam
      2 Client Ratings

    NGOs are regulated by Societies Registration Act, it also provides tax benefits. Registered Company are governed by Companies Act, which do not provide tax benefits. Primary difference is both have different agenda, Both have different terms!! You cannot follow both at the same time, If you transform NGO into private company then the NGO registration will automatically be cancelled

    February 17, 2018
  • Advocate MXM

    Guwahati, Assam
      2 Client Ratings

    NGOs are regulated by Societies Registration Act, it also provides tax benefits. Registered Company are governed by Companies Act, which do not provide tax benefits. Primary difference is both have different agenda, Both have different terms!! You cannot follow both at the same time, If you transform NGO into private company then the NGO registration will automatically be cancelled

    February 17, 2018
  • Kishan Dutt Kalaskar 40 years Exp (Retired Judge)

    Bengaluru Urban, Karnataka
      187 Client Ratings

    Dear Sir, You go along with your NGO, nothing to worry.

    February 16, 2018