“SRI SAI BABA NAME BOARD INNAGURATION & RAMANAVAMI FESTIVAL CELABRATION.”   SRI SHIRADI SAI BABA SANKALPA YATRE SHIRADI DARSHAN

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“SRI SAI BABA NAME BOARD INNAGURATION & RAMANAVAMI FESTIVAL CELABRATION.”
SRI SHIRADI SAI BABA SANKALPA YATRE SHIRADI DARSHAN

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Accounts

The accounts of the trust shall be made from 1st April to 31st March each year. The trustees shall cause true accounts to be kept in manner as they think fit of all the receipts, payments, credits, debits, assets and liabilities of the trust. Such books and all vouchers relating there to and all the documents belonging to the trust appoint and subject to any restriction as to the time and manner of inspecting the same which may be imposed by the trustees and it shall be open to the in inspection of the trustees.


To maintain proper accounts of the monies received and spent;


Investment Clause

The funds of the trust shall be invesyed in the modes specified under the provisions of second 13(1)(d) R.W.S. 11(5) of the I.T. Act 1961 as mentioned from time to time.


Accounts Clause

There shall be maintained all accounts of the trust regularly. The accounts shall be duly audited by the chartered Account. Every year, the accounts shall be closed by 31st March.


Amendement Clause

No amendments to the trust deed/ Memorandum of association/Bye-laws/Rules and Regulations shall be made which may prove to be repugnant to the provisions of the section 2(5), 11, 12, 13 and 80G of the Income-tax Act 1961, as amended from time to time. FURTHER NO AMENDMENT SHALL BE CARRIED OUT WITHOUT THE PRIOR APPROVAL OF THE COMMISSIONER OF INCOMETAX.


Dissolution Clause

In the event of dissolution of winding up of the trust, the assets remaining as on the date of dissolution shall under no circumstances be distributed among the trustees/ but the same shall be transferred to another charitable trust/society whose objects are similar to those of this trust and which enjoys recognition U/S 80G of the Income tax act 1961, as amended from time to time.


Trust Irrevocable

This trust shall be an irrevocable one and the benefits of the trust and funds, properties, things and accretions there to shall at no time event to the founder trustees or to their heirs, administrators, executors, legal representatives, or to any of their close relatives.