formation of Employee welfare fund trust

Querist :
Anonymous
(Querist) 30 March 2011
This query is : Open
We have created a Employee welfare fund trust, which we have an equal contribution from employees and employer. Do we need to register this trust? As this trust does not have any charitable purpose the same is not registered with charity commissioner and income tax department. kindly guide how do we inform Income tax Department on this transaction as the trust will have benfits and earn profits.