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BOMBAY PUBLIC TRUSTS (GUJARAT) (AMENDMENT) RULES, 2015

BOMBAY PUBLIC TRUSTS (GUJARAT) (AMENDMENT) RULES, 2015

BOMBAY PUBLIC TRUSTS (GUJARAT) (AMENDMENT) RULES, 2015

 

PREAMBLE

Whereas certain draft rules further to amend the Bombay Public Trusts (Gujarat) Rules, 1961 where published as required by sub-sec. (3) of Sec. 84 of the Gujarat Public Trusts Act, 1950 (Bom. XXIX of 1950) at pages 316-1 to 316-6 in the Gujarat Government Gazette, Extraordinary Part IV-B, dt. 5.11.2014 under the Government Notification, Legal Department No. GK/32/2014/ECO/102014/32/E, dt. 5.11.2014 inviting objection or suggestion from all persons likely to be affected thereby within a period of thirty days from the date of publication of the said notification in the Official Gazette;

And whereas, the objections or suggestions have received in the said draft rules, have been considered by the Government.

Now therefore, in exercise of the powers conferred by Sec. 84 of the Gujarat Public Trusts Act, 1950 (Bom. XXIX of 1950), the Government of Gujarat hereby makes the following rules further to amend the Bombay Public Trusts (Gujarat) Rules, 1961, namely:--

Rule - 1.

These rules may be called the Bombay Public Trusts (Gujarat) (Amendment) Rules, 2015.

Rule - 2.

In the Bombay Public Trusts (Gujarat) Rules, 1961 (hereinafter referred to as "the said rules"), in Rule 1-A, after clause (2), the following clause shall be added, namely:--

"'(3) "F.C.R.A" means the Foreign Contribution (Regulation) Act, 2010.".

Rule - 3.

In the said rules, in Rule 23, for sub-rule (2), the following shall be substituted, namely:--

"(2) The fees for the supply of copies shall be:--

(a)      the rate of copying fees @ Rs. 5.00 per page;

(b)      the charge for comparing copies @ Rs. 2.00 per page;

(c)      the charge for coping a map or plan or Schedule/Statement, etc. @ Rs. 10.00 per page;

(d)      for supplying; certified copy generated by computer, Xerox, etc. @ Rs. 1.00 per page;

(e)      in case of requirement of urgent copy, an additional of Rs. 0.50 shall be levied over and above charges prescribed for copy and comparing and will be added to the total charges.".

Rule - 4.

In the said rules, for Schedule VIII and Schedule IX, the following shall be substituted, namely:--


SCHEDULE VIII

[See Rule 17(1)]

Name of Public Trust................Trust No................Date of Registration:................Address of the Trusts' office................Phone No................

Balance Sheet as on................31/3/..............

Bank Account No. of Trust for transaction of Foreign Contribution: ................F.C.R.A. No................Date:................

FUNDS AND LIABILITIES

Rs.

PROPERTY AND ASSETS

Rs.

Trust Funds or Corpus

 

Immovable Properties (suitably classified giving mode of valuation)

 

Balance as per last balance sheet

 

additions or deductions (including those for depreciation)

 

Adjustment during the year (give details)

 

if any, during the year

 

Other earmarked Funds (Created under the provisions of the Trust-deed or scheme or out of the income)

 

Investments (Suitably classified, giving mode of valuation)

 

Depreciation Fund

 

Furniture and fixtures

 

Sinking Fund

 

Balance as per last Balance Sheet

 

Reserve Fund

 

Additions of deductions (including those for deprecation)

 

Any other Fund

 

If any, during the year

 

Loans (secured or unsecured)-

 

Loans (Secured or unsecured)

 

From trustees

 

Good/doubtful

 

From others

 

Loans scholarships

 

Liabilities

 

Other loans

 

For Expenses

 

Advances

 

For Advances

 

To trustees

 

For rent and other deposits

 

To employees

 

For sundry credit balances

 

To contractor

 

Income and Expenditure Account

 

To lawyers

 

Balance as per last balance sheet

 

To others

 

Less appropriation, if any

 

Income Outstanding

 

Add/Less: Surplus of deficit

 

Rent

 

As per income and Expenditure Account

 

 

Interest

 

 

 

Other income

 

 

 

Cash and Bank Balances (give name of the banks) (give type of account and account No.)

 

 

 

 

(a) In current account and fixed deposit account (give names of banks and state in whose name the account stands)

 

 

 

(b) In F.C.R.A. Account No. or fix deposit Account (give names of banks and branches)

 

 

 

(c) With the trustee (give name)

 

 

 

(d) With the manager (give name)

 

Total:

 

Total:

 

In case the accounts are maintained on cash basis, state the income outstanding here below:

The above Balance Sheet to the best of my/our belief contains a true account of the Funds and Liabilities and of the property and Assets of the trust.

As per our report to even date

CHARTERED ACCOUNTANT

Place:................

Date:................

Auditors................

Trustees

................

Name/Address/Phone No. of the Auditors

(Name/Address/Phone No. of the Trustee)

Note.--

(1)     Market value as on the date of the Balance Sheet should also be given by way of a note.

(2)     Particulars of investments in concerns in which the trustees are interested shall be given separately by way of a note.


SCHEDULE IX

[See Rule 17(1)]

Name of Public Trust................Trust No................Date of Registration:................ Address of the Trusts' office ................ Phone No................ Income and Expenditure Account for the year ending................31/03/................ Bank Account No. of Trust for transaction of Foreign contribution: ................F.C.R.A. No................Date:................

Bank Address:

EXPENDITURE

Rs.

INCOME

Rs.

To Expenditure in respect of properties

 

By Rent (accrued/realized)

 

Rates, Taxes, Cesses

 

 

 

Repairs and Maintenance

 

 

 

Salaries

 

By interest (accrued/realized)

 

Insurance

 

 

 

Depreciation (by way of provision or adjustments)

 

 

 

Other expenses

 

On securities

 

To Establishment expenses

 

On loans

 

To remuneration (in the case of a math)

 

On Bank account

 

To the head of the math, including his House hold expenditure, if any.

 

By Dividend

 

To legal expenses

 

By Donations in cash or kind

 

To audit Fees

 

Domestic

 

To contribution and fees

 

International F.C.R.A. No. and Date

 

To amounts written off-

 

By Income from other sources (in details as far as possible)

 

(a) Bad debts.

 

 

 

(b) Loan scholarships

 

By Transfer from Reserve

 

(c) Irrecoverable rents

 

 

 

(d) Other items

 

By Deficit carried over to Balance Sheet.

 

To Miscellaneous expenses

 

 

 

To Depreciation

 

 

 

To Amounts transferred to Reserve of specific funds

 

 

 

To Expenditure on objects of the trust (Specify if any from FCRA)

 

 

 

(a) Religious

 

 

 

(b) Educational

 

 

 

(c) Medical Relief

 

 

 

(d) Relief of poverty

 

 

 

(e) Other Charitable objects to surplus carried over to Balance Sheet.

 

 

 

Total:

 

Total:

 

Dated ................at................

Trustees................

(Name/Address/Phone No. of the Trustee)

As per our report to even date

CHARTERED ACCOUNTANT

Auditors

Name and address with

Phone No. of the Auditors.".

Rule - 5.

In the said rules, for Schedule IX-C, the following shall be substituted, namely:--


SCHEDULE IX-C

[See Rule 32]

Statement of income liable to contribution for the year ending................ Name of Public Trust................Registration No................Address of Trust................ Phone No................E-mail................Name, Address and Phone number of trustees, whom submit the audit report:................

Details of Relating Bank Account:

Name of Bank................Branch................ Address................................ Bank Account number relating to transaction of foreign contribution of Trust:................F.C.R.A. No. ...............Date:................

Gross annual income

Details of income not chargeable to contribution under Sec. 58 and Rule 32

Rs.

(i) Donations received during the year from any source

 

(a) Corpus

(1) From Country

(2) From Foreign Country; F.C.R.A. No. and Date

 

(b) General

(1) From Country

(2) From Foreign Country; F.C.R.A. No. and Date

 

(ii) Grants by Government and Local authorities

(a) Government and Local authorities

(b) From Foreign Country

(c) By Funding agencies

(1) From Country

(2) From Foreign Country; F.C.R.A. No. and Date:

 

(iii) Amount spent for the purpose of education

 

(iv) Amount spent for the purpose of medical relief

 

(vi) (A) Deductions out of income from lands used for agricultural purpose:

(a) Land Revenue and Local Fund Cess

(b) Rent payable to superior landlord

(c) Cost of production, if lands are cultivated by trust.

 

(B) Income from lands used for agricultural purpose.

 

(vii) (A) Deductions out of income from lands used for non-agricultural purpose:

(a) Assessment, Cesses and other Government or Municipal Taxes

 

(b) Ground rent payable to the superior landlord

(c) Insurance premium.

(d) Repairs @ 8.33 per cent, of gross rent of building

(e) Cost of collection @ 4 per cent, of gross rent of buildings let out:

 

(B) Income from lands used for non-agricultural purpose.

 

(viii) Cost of collection of income or receipts from securities, stocks, etc. at 1 per cent, of such income:

 

(ix) Deductions on account of repairs in respect of buildings not rented and yielding to income, @ 8.33 per cent, of the estimated gross annual rent

 

Income liable to contribution

 

CHARTERED ACCOUNTANT

Date:

Trustees:................

Auditors: