Dear Friends!
Many of us may be paying income tax in the coming days.
Donations to our NGO AASARAA qualify for deduction in computing the income of a person under section 80G(5)(vi) of the Income Tax Act, 1961, vide Proceedings F.No.CIT(E)/Hyd/68(08)/12A&80G/2016-17 dated 10-2-2017.
Any such donations would be kept in term deposits with SBI and utilised only for our old age home.
I am attaching a fact sheet about AASARAA, with a request to donate any amount for this noble cause.
The donation can be credited to AASARAA's account number 31797853712 with the Visalakshi Nagar Branch of SBI, Visakhapatnam.
With regards,
M. Ram Rao,
Life Member, PTS
&
President, AASARAA