FORM No. 10
[See rule 17]
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 ………………………….. (date) (copy enclosed) that, out of the income of the
trust/institution/association for the previous year(s), relevant to the
assessment year 19…..….19 ……….. 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:
(1) ……………………..
(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 sub-section (5) of section 11. - 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….
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