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Annual Report 10-11 - Government of Karnataka

Annual Report 10-11 - Government of Karnataka

Annual

Annual Report 2010-11ANNEXURESTATEMENT OF PARTICULARSI. Application of income for charitable or religious purposes2. Whether the trust / institution has exercised the option under clause (2)of the Explanation to section 11(1)? If so, the details of the amount ofincome deemed to have been applied to charitable or religious purposesin India during the previous year3. Amount of income accumulated or set apart/finally set apart for applicationto charitable or religious purposes, to the extent it does not exceed 15per cent of the income derived from property held under trust wholly/inpart only for such purposes.4. Amount of income eligible for exemption under section 11(1)(c) (Givedetails)No1. Amount of income of the previous year applied to charitable or religiouspurposes in India during that year 27,35,628/-17,73,572/-No5. Amount of income, in addition to the amount referred to in item 3 above,accumulated or set apart for specified purposes under section 11(2) 73,14,613/-6. Whether the amount of income mentioned in item 5 above has beeninvested or deposited in the manner laid down in section 11(2)(b) ? If so,the details thereof7. Whether any part of the income in respect of which an option wasexercised under clause (2) of the Explanation to section 11(1) in anyearlier year is deemed to be income of the previous year under section11(1B) ? If so, the details thereof8. Whether, during the previous year, any part of income accumulated orset apart for specified purposes under section 11(2) in any earlier year :-(a) Has been applied for purposes other than charitable or religiouspurposes or has ceased to be accumulated or set apart for applicationthereto, or(b) Has ceased to remain invested in any security referred to insection11(2)(b)(i) or deposited in any account referred to insection11(2)(b)(ii) or section 11(2)(b)(iii), orYESNoNoNoNo(c) Has not been utilised for purposes for which it was accumulated orset apart during the period for which it was to be accumulated or setapart, or in the year immediately following the expiry thereof? If so,the details thereof.No37

Annual Report 2010-11II. Application or use of income or property for the benefit of persons referred to insection 13(3)1. Whether any part of the income or property of the trust / institution was lent,or continues to be lent, in the previous year to any person referred to insection 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 any2. Whether any land, building or other property of the trust / institution wasmade, or continued to be made, available for the use of any such personduring the previous year? If so, give details of the property and the amountof rent or compensation charged, if any3. Whether any payment was made to any such person during the previousyear by way of salary, allowance or otherwise? If so, give details4. Whether the services of the trust / institution were made available to anysuch person during the previous year? If so, give details thereof togetherwith remuneration or compensation received, if any5. Whether any share, security or other property was purchased by or on behalfof the trust / institution during the previous year from any such person? If so,give details thereof together with the consideration paid6. Whether any share, security or other property was sold by or on behalf ofthe trust / institution during the previous year to any such person? If so, givedetails thereof together with the consideration received7. Whether any income or property of the trust / institution was diverted duringthe previous year in favor of any such person? If so, give details thereoftogether with the amount of income or value of property so diverted8. Whether the income or property of the trust / institution was used or appliedduring the previous year for the benefit of any such person in any othermanner? If so, give detailsNoNoNoNoNoNoNoNo38

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