BAARIJATHUL EHYAUS SUNNA TRUST

This Charitable trust for established of fund solely for Charitable purpose without any profit motive by Mr. AM Kalandar Masthan Mahlari.


Main Home| Spiritual Medication| Islam

Little drop of water make a mighty ocean- a proverb which inculcate the author by setting apart a corpus for the object of the trust which will be reserved for the sustenance of the trust.

The author in order to do augument funds for the objects stated above empowers the trustees to receive donation, gifts, voluntary contribution, grant in aid, assistance from the donors ether towards corpus or for the revenue expenditure for the charitable purposes as contemplated in the object clause.

The author of the trust hereby authorizes the trustees to receive contribution from all i.e. Individial, Government, and institutional donors either in India or abroad for the furtherance of the objects as specified in the object clause.

APPLICATION OF INCOME:

  • The income and funds of the trust will solely be utilizes towards the objects no portion of it will be utilized for payment tot the author, trusterees, member of the committee, office bearers by way of profits dividends, interest, bonus or otherwise.
  • Corpus Fund or Capital Fund or Earmarked Fund shall be invested in such manners prescribed under section 11 (5) of the income Tax Act 1961till the fund is defrayed for capital or revenueexpenture for the maintenance and sustenance of the objects for which the fund is created.
  • where the income of the relevant year is not applied for charitable purposes the trust may accumulate or diet apart either the whole or part of its income for the future application for the purpose for the purpose of the trust by complying the provisions of the Income Tax Act, 1961.


free counters