Form No. 58C - Report to be submitted under clause (ii) of sub-section (4) of section 35AC of the Income-tax Act, 1961 to the National Committee by an approved Association or Institution
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Reporting obligations require approved associations to disclose governance, discrimination, deviation and personal benefit issues to the National Committee. Approved associations must submit a periodic report to the National Committee under clause (ii) of sub section (4) of section 35AC identifying the reporting period, name, PAN/assessment circle/ward, address, approval reference and a certification. The report must disclose complaints against management (financial irregularities, nepotism, discrimination), any discriminatory exclusion of eligible persons, deviations from the association's original purpose, and any personal benefits to managers beyond allowable remuneration.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Reporting obligations require approved associations to disclose governance, discrimination, deviation and personal benefit issues to the National Committee.
Approved associations must submit a periodic report to the National Committee under clause (ii) of sub section (4) of section 35AC identifying the reporting period, name, PAN/assessment circle/ward, address, approval reference and a certification. The report must disclose complaints against management (financial irregularities, nepotism, discrimination), any discriminatory exclusion of eligible persons, deviations from the association's original purpose, and any personal benefits to managers beyond allowable remuneration.
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