9911796707
TMI BlogStandardizing the process of filing application for approval / renewal of an Electoral Trust u/s 2(22AAA) of the Income-tax Act, 1961X X X X Extracts X X X X X X X X Extracts X X X X ..... , 1961. 2. As per clause 5(1)(a) of the Electoral Trust Scheme, 2013, an application for approval under Section 2(22AAA) of the Act is to be made in duplicate in Form A. In order to avoid procedural delay in processing these applications, the applicants are advised to file alongwith the application in Form A, on or before the prescribed date, the duly filled in and signed check-list accompanied with documents required therein, before the Commissioner of Income Tax/Director of Income Tax under whose jurisdiction their cases fall. The applicant shall also enclose a copy the said check-list while sending the copy of their application to Member(lT&R), CBDT in terms of clause 5(1)(b) of Electoral Trust Scheme, 2013. 3. In supersession of the o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of such change. 11. a) Date of filing of FORM A to the CIT/DIT, as the case may be, having jurisdiction over the applicant. b) Whether within the prescribed date? 12. a) Whether defect in FORM A intimated to the applicant by the CIT. b) Date of such intimation. c) Date of removal of the defect 13. Whether application in FORM A accompanied by the following documents, namely:- (a) an attested copy of the certificate evidencing the registration of the company for the purposes of section 25 of the Companies Act, 1956 (1 of 1956); (b) a certified copy of the memorandum and articles of association; (c) complete name, permanent account number and address of the electoral trust and its members (including m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... contributions unless PAN/Passport Number of contribution is disclosed (iv) Rule 17CA(5): Mode of accepting contributions (v) Rule 17CA(7) : Distributing funds only to "eligible" political parties (vi) Rule 17CA(8): (i) Not spending sums beyond prescribed limit to manage ET's affairs (ii) Quantification of "distributable contribution" (iii) Spending 95% of distributable contribution plus brought forward surplus of earlier year's in particular financial year. (vii) Rule 17CA(9): Manner of obtaining receipt from political parties (viii) Rule 17CA(10) : Not utilizing contributions for benefits of certain specified persons (ix)(A) Rule 17CA(11): ( i) Ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ken therein are being maintained by the applicant t ill now? 19. a) Whether the ET is an entity forming part of any business group? If yes, the details thereof. b) Is any other ET existing /proposed by the same group? If yes, details thereof. 20. (a) For electoral Trusts previously approved by CBDT under clause (22AAA) of Section 2 of the Income-tax, Act, 1961, whether the contribution report(s) is/are submitted before the ECI within the stipulated time as per guidelines issued by the Election Commission of India (hereinafter referred to as "ECI" ) on 06.06.2014. (b) For electoral Trusts previously approved by CBDT under clause (22AAA) of Section 2 of the Income-tax, Act, 1961, acknowledged tru ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
