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Office of The Registrar of Cooperative Societies
Govt. OF NCT of Delhi
Old Court's Building, Parliament Street, New Delhi –110 001

F. NO. 47/98/Policy/RCS/2146 Date : 01-2-2001


Circular

Whereas chief executive officer of delhi state cooperative union Ltd. has informed vide letter No. DSU/2001/1851 dated 31-1-2001 that large number of cooperative society and also their managing committee members have approached the Delhi Cooperative Union Ltd. about making the contributions from the cooperative societies funds for the relief/rehabilitation of victims of Gujarat Earthquake so that the Cooperative sector may also contribute towards mitigation of their sufferings,

Now keep in view the national interest at large, I , R.K.Srivastava , registrar Cooperative societies, Delhi exercising the power vested in me under section 47 of Delhi Coop. Societies Act,1972 read under rule 77 and 80(a) of Delhi Cooperative Societies rules,1973 hereby issuing the following guideline for the benefit of managing committee members of the Cooperative Societies and their members to unable them to make their contribution in this national cause.

1. Societies which are in profit may in accordance with the provision of Sec. 47 of Delhi Cooperative societies Act,1972 read with rule 80(a) of Delhi Cooperative Societies rules,1973, can make contributions out of their net profits.
2. Managing committees of Cooperative Societies can prescribe a minimum contribution per member for the members of societies which would be debited to the accounts of the members and the total sum so collected would be sent through one cheque. For this members of the society shall have to be conveyed this decision of the managing committee in advance.

All the contribution shall be made in favour of “Chief Minister’s Relief Fund” through cheques/pay orders/bank drafts and should be deposited in the accounts section of the Registrar Coop. Societies, Delhi. It is also clarified that all the contribution in the Chief Minister’s Relief Fund will qualify for tax exemption from Income tax under Sec. 80G of the Income Tax Act,1961.

Since Gujarat Earthquake is a national calamity and relief/rehabilitation of its victims is a national cause, therefore, effort of the cooperative societies and their members should be mobilize maximum funds for this noble cause.

Sd-
(R.K.Shrivastava)
Registrar Coop. Societies


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Last Updated : 23 Mar,2014