TMI BlogPrescribed authority for the purpose of receiving separate accounts from trusts or funds or institutions for providing relief to the victims of earthquake in GujaratX X X X Extracts X X X X X X X X Extracts X X X X ..... ims of earthquake in Gujarat . 18AAAA. (1) For the purpose of sub-section (5C) of section 80G, the prescribed authority shall be the Director General of Income-tax (Exemptions). (2) The trust, the fund or the institution, which is established in India for a charitable purpose and is approved in terms of clause (vi) of sub-section (5) shall maintain separate accounts of income and expendi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... not beneficial to the assessee, such authority shall give an opportunity to the assessee before making the findings. (4) The Director General of Income-tax (Exemptions) shall bring his findings to the knowledge of the concerned Assessing Officer within one month of making such findings. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Mana ..... X X X X Extracts X X X X X X X X Extracts X X X X
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