Specialist Practice Division
A to Z in Expertise in Maharashtra Public Trust Act
Institutional Governance, Section 33 Audits, Charity Commissioner Inquiries & 12AB/80G Exemptions
Maharashtra Public Trusts Act, 1950 & Income-tax Act, 1961
Institutional Practice Overview
A to Z in Expertise in Maharashtra Public Trust Act
Decades of trusted regulatory practice under the Maharashtra Public Trusts Act, 1950. We support religious, educational, and public charitable trusts with statutory Schedule VIII & IX audits, Change Reports, Charity Commissioner approvals, and integrated Central Income Tax exemptions.
At R.D. Kundalia & Co., our senior partners and qualified associates deliver disciplined, proactive guidance to ensure full statutory compliance, protect client rights during regulatory scrutiny, and optimize financial outcomes.
4
Capability Pillars
10
Key Deliverables
1985
Practice Inception
ICAI
Code of Ethics
Governing Statutes & Provisions
Our advisory and attest functions are benchmarked against key legislative mandates:
- Section 18 & 19 (Registration of Public Trusts)
- Section 22 (Change Reports for Trustees & Trust Deeds)
- Section 33 & 34 (Mandatory Statutory Audit by Chartered Accountants)
- Section 36 (Sanction of Charity Commissioner for Alienation of Trust Property)
- Section 12AB & 80G (Income Tax Exemptions & Donor Benefits)
- Foreign Contribution Regulation Act (FCRA), 2010
Statutory Forms & Schedules
Disciplined Statutory Oversight • 40+ Years Practice Continuity
Statutory Certainty in a Digitally Monitored Regulatory Era
“Public trusts hold funds in fiduciary custody for societal welfare. Strict adherence to Section 31A–36 prevents litigation and safeguards trust assets.”
— Managing Partner, Institutional Practice
Specialist guidance on Schedule IX/IXC filings, change reports before Charity Commissioners, and Section 12A/80G donor benefits.
Core Competency Matrix
Four Pillars of Practice Mastery
Structured into specialized sub-disciplines to provide end-to-end statutory depth.
Trust Formation & Constitution
- Drafting irrevocable Trust Deeds with customized public charitable objectives
- Application for registration with the Charity Commissioner under Section 18
- Obtaining Certificate of Registration (Form B) and Public Trust Register (PTR) entry
- Drafting internal governance bylaws and rules for board of trustees
Statutory Section 33/34 Audits
- Independent annual statutory audit of accounts by Chartered Accountants
- Preparation and certification of statutory Schedule VIII (Balance Sheet)
- Preparation and certification of statutory Schedule IX (Income & Expenditure Account)
- Auditor's special reporting on corpus donations, trust property, and earmarked reserves
Charity Commissioner Ongoing Filings
- Drafting and filing Change Reports (Section 22) for trustee appointments or resignations
- Change reports for amendments to trust objectives or administrative clauses
- Annual budget preparation and statutory submission to Charity Commissioner
- Section 36 applications for sale, lease, mortgage, or development of trust properties
Tax Exemptions, 80G & FCRA
- Section 12AB registration & re-registration for perpetual tax-exempt status
- Section 80G recognition for donor income tax deductions
- Preparation of Audit Report in Form 10B / Form 10BB and ITR-7 filing
- Statement of Donations (Form 10BD) and Certificate generation (Form 10BE)
- FCRA registration, prior permission, and annual return filing (Form FC-4)
Comprehensive Scope of Services
Every engagement under Maharashtra Public Trust Act (Charity Commissioner) is executed with meticulous documentation, statutory accuracy, and accountable reporting.
Trust Deed Drafting & Registration with Charity Commissioner (Form B)
Compliant with Maharashtra Public Trusts Act, 1950 guidelines and ICAI audit standards.
Mandatory Statutory Audit under Section 33 & 34 of the MPT Act
Compliant with Maharashtra Public Trusts Act, 1950 guidelines and ICAI audit standards.
Preparation of Schedule VIII (Balance Sheet) & Schedule IX (Income & Expenditure)
Compliant with Maharashtra Public Trusts Act, 1950 guidelines and ICAI audit standards.
Change Reports under Section 22 for Trustee Changes & Deed Amendments
Compliant with Maharashtra Public Trusts Act, 1950 guidelines and ICAI audit standards.
Property Alienation, Lease & Loan Permissions under Section 36
Compliant with Maharashtra Public Trusts Act, 1950 guidelines and ICAI audit standards.
Annual Budget Compilation & Charity Commissioner Contributions
Compliant with Maharashtra Public Trusts Act, 1950 guidelines and ICAI audit standards.
Section 12AB Registration / Renewal with Income Tax Department
Compliant with Maharashtra Public Trusts Act, 1950 guidelines and ICAI audit standards.
Section 80G Approval for Donor Tax Deductions
Compliant with Maharashtra Public Trusts Act, 1950 guidelines and ICAI audit standards.
Form 10B / Form 10BB Audit Reporting & ITR-7 Trust Filing
Compliant with Maharashtra Public Trusts Act, 1950 guidelines and ICAI audit standards.
Form 10BD/10BE Donor Reporting & FCRA Annual Compliance (Form FC-4)
Compliant with Maharashtra Public Trusts Act, 1950 guidelines and ICAI audit standards.
Who We Advise & Represent
Structured Engagement Lifecycle
Statutory Diagnosis & Records Review
We analyze your transactional records, existing filings, and identify applicable provisions, exemptions, and compliance risks.
Reconciliation & Algorithmic Audit
Our team runs exhaustive multi-source reconciliations (ledgers, bank statements, government portal logs, statutory schedules).
Partner Review & Quality Attestation
Every filing and certification is vetted by a partner in accordance with ICAI Auditing Standards (SA) and relevant statutory rules.
Filing, Representation & Ongoing Support
We handle electronic filing with authorities, secure acknowledgements, and provide defense representation during departmental queries.
Consult a Specialist in Maharashtra Public Trust Act (Charity Commissioner)
Whether you have an upcoming statutory filing deadline, need audit attestation, require registration with authorities, or face scrutiny notices, connect directly with our partner team in Kandivali, Mumbai.
Direct Partner Access
09323588800
rashmikantkundalia@yahoo.co.in
Other Specialist Practice Areas
Income Tax (Direct Tax)A to Z in Income Tax
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Company Law & Secretarial PracticeA to Z in Expertise in Company Act
End-to-end corporate legal and secretarial advisory under the Companies Act, 2013 and LLP Act, 2008. From company formation to complex mergers, rights issues, annual MCA e-filings, and NCLT compounding.
Maharashtra Co-operative Societies ActA to Z in Expertise in Maharashtra Co-operative Society Act
Authoritative statutory audits under Section 81 and complete regulatory support for Co-operative Housing Societies (CHS), Commercial Premises, and Credit Societies in Mumbai. From Audit Rectification (Form O) to statutory funds compliance, TDS, GST, and conveyance advisory.
Goods & Services Tax (GST Act)A to Z in Expertise in GST Act
Strategic, end-to-end Indirect Tax advisory under the CGST, SGST, and IGST Acts. We streamline supply chain tax incidence, maximize Input Tax Credit (ITC) through algorithmic GSTR-2B reconciliations, ensure automated electronic invoicing, and defend clients during departmental audits and appellate disputes.
Services in GIFT CityA to Z in Expertise in Services in GIFT City
Complete statutory, regulatory, and taxation advisory for establishing and operating within Gujarat International Finance Tec-City (GIFT City). We advise on Alternative Investment Funds (AIFs Cat I, II, III), Family Investment Funds (FIFs), Fund Management Entities (FMEs), offshore corporate holding entities, cross-border treasury desks, 10-year Section 80LA tax exemptions, and IFSCA regulatory compliances.
Government Schemes & FTAsA to Z in Expertise in Government Schemes & FTAs
Strategic advisory and execution across India's Foreign Trade Policy, multilateral Free Trade Agreements (FTAs/CEPAs/ECTAs), and central/state manufacturing incentive schemes. We assist corporate enterprises with Production Linked Incentive (PLI) compliance, RoDTEP scrip management, Advance Authorisation, EPCG duty-free capital imports, MOOWR bonded manufacturing, Preferential Rules of Origin (CoO) certifications, and Maharashtra PSI industrial subsidies.