A public trust registered under the Maharashtra Public Trusts Act, 1950 has continuing compliance with the office of the Charity Commissioner, separate from income tax.
Any change in the trustees, the trust property or other registered particulars must be reported through a change report within 90 days of the change. The trust must keep regular accounts, and file its accounts and audit report as required under the Act. Permission is required for certain transactions, such as sale of immovable trust property.
Key points
- Change report within 90 days of a change
- Annual accounts and audit report under the state Act
- Prior permission for sale or long lease of immovable property
- Keep minutes of trustee meetings
- Income tax compliance under Sections 12AB and 80G is separate
General information only, not professional advice. Section references are to the Income-tax Act, 1961; corresponding provisions of the Income-tax Act, 2025 apply from 1 April 2026. Thresholds and dates may change by notification.
CA Rahul Rajendra MohiteACA, M.Com · ICAI Membership No. 622387 · Founder, Rahul R. Mohite & Co., PuneFirm profile and key facts