Features | Vishwanadha Trust | Support to the Foundation


Viswanadha Foundation
Support to the Foundation

The Foundation accepts any donation, contribution, grant or subscription in cash or kind, from any individual, Institution, Organization, Trust, Corporation, Company or any other Undertaking with or without conditions towards the corpus or the income of the Trust.

The Foundation may apply to the Government, public bodies, urban, local, municipal, district and other bodies, companies or persons for, and to accept grant of money and of aid, donations, gifts, subscriptions, and other assistance with a view to promoting the objects of the Trust.

The Foundation may also discuss and negotiate with the Government Departments, public and other bodies, corporations, companies or persons, scheme(s) and other work and matters within the objects of the Trust, and to conform to any proper condition(s) upon which such grants and other payments may be made.

Donations, contributions, etc to the Viswanadha Foundation can directly be credited to the Savings Bank Account No. 6448 with the Canara Bank, Prasanthi Nilayam - 515134, Andhra Pradesh, India. They may also be sent by way of Account Payee Cheques / Demand Drafts / Pay Orders in favour of Viswanadha Foundation payable at Prasanthi Nilayam, to Sri K.R.Paramahamsa, Trustee, Viswanadha Foundation, S3-B4, Prasanthi Nilayam - 515134, Andhra Pradesh.

The Commissioner of Income Tax, Tirupati conveyed approval that the donations / contributions made to the Trust would be allowed under Section 80 G (5) (vi) of the Income Tax Act, 1961 in the hands of the donors, made from March 11, 2005 to March 31, 2008. A copy of the proceedings of the Commissioner of Income Tax, Tirupati is attached.



GOVERNMENT OF INDIA

TEL: 0877 2287541
FAX: 0877 2287531

SRI A.R. REDDY, I.R.S.

OFFICE OF THE
COMMISSIONER OF INCOMTAX,
AYAKAR BHAVAN,
K.T. ROAD,
TIRUPATI –517 501.

PROCEEDINGS OF THE COMMISSIONER OF INCOMETAX, TIRUPATI
(April 2005 to March 2008)

F. No. Hqrs I (410) /CIT / TPT / 2004-05               DATED: 28.04.05

Sub: Approval u/s. 80G (5) (vi) of the Income Tax Act, 1961- Your own - Regarding.

Ref: Your application in Form No. 10G filed on 22.03.05.

* * *

Deduction in respect of donations to your Trust / Society / Institution will be allowed u/s. 80G (5) (vi) of the Income Tax Act, 1961 in the hands of the donors subject to the limits prescribed therein.

2) The approval is initially valid in respect of donations received by you from 11.03.05 to 31.03.05. in the receipts issued by you, the fact that the deduction will be available for donations received during this period only, should be clearly mentioned.

A.R. REDDY
Commissioner of Income Tax
TIRUPATI

Conditions:

1.The receipts issued by you to the donors should bear the number and date of this order.

2.You may submit the statement of income and expenditure and other relevant accounts and reports within the specified time to the Assessing Officer.

3.Amendments, if any, proposed to the aims and objects shall be made only after obtaining the prior approval of the Commissioner of Income Tax, Tirupati.

Copy to: The Assistant commissioner of Income Tax, Circle-I, Anantapur

1.His attention is drawn to the CBDT’s letter F. No.20 / 3 / 6.9 / II (A-I) dated 18-4-69. He is requested to verify and satisfy himself that the above applicant continues to fulfill the conditions laid down u/s. 80G (5) and, if not, necessary action may be initiated.

2. He shout keep a close watch over the activities of the Trust / Society / Institution in future and necessary action initiated in a case of violation of or departure from the provisions of Sec.11, 12 & 13 or the I.T. Act, 1961.

Copy to: The Additional Commissioner of Income Tax, Range Anantapur.

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The Commissioner of Income Tax, Tirupati has renewed approval that the donations / contributions made to the Trust will be allowed under Section 80 G (5) (vi) of the Income Tax Act, 1961 in the hands of the donors, made from April 1, 2008 to March 31, 2011. A copy of the proceedings of the Commissioner of Income Tax, Tirupati is attached.

PROCEEDINGS OF THE COMMISSIONER OF INCOMETAX, TIRUPATI
(April 2008 to March 2011)