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
Contents
Notifications
Acts
Rules & Regulations
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
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 ... Summary
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.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.