About DB Tech | Legal and Financials

Legal and Financials

Legal

Don Bosco Tech Society was registered under the Societies Registration Act XXI, 1860 vide registration certificate number S/55112/2006. Don Bosco Tech Society has been granted an exemption under section 12A of the Income Tax Act, 1961, vide letter number DIT (E) – 2014-15/DEL-DE25556-230920145563, dated 23-09-2014. The Society has also obtained exemption u/s 80G(5)(vi) of the Income Tax Act, 1961. The Society has been registered under the Foreign Contribution (Regulation) Act, 1976 for carrying out activities in skill sector with registration number 231661265 dated 19 November 2011.


Financials

Don Bosco Tech posts the Financial Statements in the organizational website every year. The Financial Statement contains descriptions of the audit report, balance sheet, income & expenditure, and a complete list of all the grants in a given year. To view detailed statements and disclosures, please read through the Financial Statements:


FCRA Returns

Foreign Contributions Regulations Act 1976 or FCRA is a law of the Government of India which regulates receipt of foreign contributions or aid from outside India to Indian Territory. This is essential to ensure that such aid does not effect political or any other situation in India. The new FCRA Rules, 2011 effective from 1st May 2011, makes it obligatory for organisations receiving more than INR 1 Crore as foreign donation in a financial year to place the summary data of their receipts in public domain. Therefore in compliance with this regulation, we are placing the data of all of our centres which have received more than INR 1 Crore as donation from outside India. Click on the link below to view more details.