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non trading organisation is organisation which may be may registered under companies act, 1956 or may be co-op society registered under bombay societies act. which is not formed for profit making moto. they serve the society for there mutual benefits not to earn profits.

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Q: What is the definition of non trading organisation?
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What is the definition of non trading organization?

what is the definition of non trading organisations? A non-trading company has no significant accounting transactions, which simply means no entries in the company's accounting records and which generally are not engaged in trading of goods or services and thus the books of accounts comprises of only the sources of Income and expenditure earned/incurred during a given period. This is useful for non-profit organizations such as Trusts, Educational Institutions, NGOs, and Hospitals etc.


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