FORM
NO.10
[See
rule 17]
Notice to the
Assessing Officer/Prescribed Authority under section 11(2) of the Income Tax
Act, 1961
To
The Assessing Officer/Prescribed
Authority,
I,______________________________________
on behalf of________________[name of the trust/institution/association] hereby
bring to your notice that it has been decided by a resolution passed by the trustees/governing
body, by whatever name called, on______________ copy enclosed) that, out of the
income of the trust/institution/association for the previous year(s), relevant
to the assessment year_______and subsequent previous year(s), an amount of Rs._____________per
cent of the income of the trust/institution/association, such sum as is
available at the end of the previous year(s) should be accumulated or set apart
till the previous year(s) ending_____________in order to enable the
trustees/governing body by whatever name called, to accumulate sufficient funds
for carrying out the following purposes of the trust/association/institution
:__
2. Before expiry of
six months commencing from the end of each previous year, the amount so
accumulated or set apart has been/will be invested or deposited in any one or
more of the forms or modes specified in subsection (5) of section 11.
3. Copies of the
annual accounts of the trust/institution/association along with details of investment
(including deposits) and utilisation, if any, of the money so accumulated or
set apart will be furnished to you before the expiry of six months commencing
from the end of each relevant previous year.
4. It is requested
that in view of our complying with the conditions laid down in section 11(2) of
the income-tax Act, 1961, the benefit of that section may be given in the
assessments of the trust exempting the income in respect of the
trust/institution/association in respect of the incomes accumulated or set
apart as mentioned above.
Date:
Signature
Designation
Address
Notes:
1. This notice should be signed
by a trustee/principal officer.
2. Delete the inappropriate words.
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