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Annexure
Statement of particulars
1. Application of income for charitable or religious purposes
Amount of income of previous year applied to charitable or religious
purpose in India during that year
Whether the Trust has exercised the option under Clause (2) of the
explanation to Section 11(1)? If so, the details of the amount of income
deemed to have been applied to charitable or religious purpose in India
during the previous year
Amount of income accumulated or set apart for application to
charitable or religious purposes, to the extent it does not exceed 15%
of the income derived from property held under the Trust wholly for
purpose
Amount of income eligible for exemption under Section 11(1)(c)
Amount of income, in addition to the amount referred to in item 3
above, accumulated or set apart for specified purpose under Section
11(2)
Whether the amount of income mentioned in item 5 above has been
invested or deposited in the manner laid down in Section 11(2)(b)? If
so, the details thereof
Whether any part of the income in respect of which an option was
exercised under Clause (2) of the explanation to Section 11(1) in any
earlier year is deemed to be income of the previous year under Section
11(1B) ? If so, the details thereof
Whether during the previous year, any part of income accumulated or
set apart for specified purposes under Section 11(2) in any earlier year
i) has been applied for purposes other than charitable or religious
purposes or has ceased to be accumulated or set apart for application
thereto, or
ii) has ceased to remain invested in any security referred to in Section
11(2)(b)(I) or deposited in any account referred to in Section 11(2)(b)(ii)
or Section 11(2)(b)(iii), or
iii) has not been utilised for purposes for which it was accumulated or
set apart during the period for which it was to be accumulated or set
apart, or in the year immediately following the expiry thereof? If so, the
details thereof
1.
2.
3.
4.
5.
6.
7.
8.
6,42,05,796
Nil
13,80,161
Nil
Nil
No
NA
No
No
No
2. Application or use of income or property for the benefit of persons referred to in Section 13(3)
Whether any part of the income or property of the Trust was lent, or continues to
be lent, in the previous year to any person referred to in Section 13(3) (hereinafter
referred to in this Annexure as such person)? If so, give details of the amount, rate
of interest charged and the nature of security, if any
1.
No
Annual Report 2018-19 I Atul Foundation
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