VSET is a not-for-profit Trust formed on 22/03/2003, vide Trust Deed document no. 39006, dated 26/04/2003, and registered with the Sub-Registrar of Hosdurg, Kerala.
VSET is registered under section 12A of the Indian Income Tax Act, 1961 vide no. TR/37655 dated 29/10/2003, with PAN AAATV5893N.
Contributions to VSET are eligible for exemption under section 80G of the Indian Income-tax Act, 1961 vide no. 80-G/1819/2010-11 dated 03/09/2010.
VSET is registered under section 11(1) of the Foreign Contribution (Regulation) Act, 2010 to receive foreign contributions.
The Trust is governed by the Board of Trustees. As most of the strategic and executive functions are managed by honorary Trustees / volunteers, the administration expenses of the Trust are minimal.
The accounts of VSET are maintained as per the Indian Accounting standards and audited as per the statutory requirements. M/s T P Paul and Associates, Chartered Accountants, Kalpetta, Wayanad, is the statutory auditor of the Trust.