Two Societies of Delhi Police i.e. “Delhi Police Martyrs’ Fund” and “Delhi Police Yuva Foundation “ have already been registered with the Registrar of Societies Registration of Act., XXI of 1860 on 25.04.2013 & 10.12.2012 respectively.
Above mentioned two societies have been granted registration u/s 12A of Income Tax Act. 1961 as well as u/s 80 G (5) (vi) of the Income Tax Act., 1961.
As per section 12 A of Income Tax Act 1961, the income of the society (out of investment / F.D. etc.) is exempted from income tax on fulfillment of certain conditions.
Under section 80 G (5) (vi) of Income Tax Act, 50 % amount of donation to the above societies shall qualify for exemption from income tax. The amount of donation exceeding 10% of gross income will not be considered for exemption.
In order to claim the above exemption, a receipt will be given to each donor separately bearing the number and date of the order issued by “Director of Income Tax (Exemption)” as mentioned below :-
- Delhi Police Martyrs’ Fund
Order under section 80 G (5) (vi) of the Income Tax Act, issued vide no. NQ.DIT (E)I 2013-14/DEL – DE24783 – 06062013 3384 dated 06/06/2013 and valid w.e.f. Assessment year 2014-15 onwards till it is rescinded.
Current Account No. 18200110036907,
Delhi Police Martyrs Fund,
UCO Bank, I.I.P.A., New Delhi.
2. Delhi Police Yuva Foundation
Order under section 80G (5) (vi) of the Income Tax Act, issued vide no. NQ.DIT (E)I 2013-14/DEL – DE24782 – 06062013 1846 dated 06/06/2013 and valid w.e.f. Assessment year 2014-15 onwards till it is rescinded.
Current Account No. 32825160108,
Delhi Police Yuva Foundation,
State Bank of India, I.P. Estate, New Delhi.