| [Guidelines  for specifying an association or institution for the purposes of notification  under clause (c) of sub-section (2) of section  80G. 18AAAAA.  In specifying an association or institution for notification under clause (c) of  sub-section (2) of section  80G, the Central Government shall satisfy itself that,— (a)  the association or institution has as its object the control, supervision,  regulation or encouragement in India of the games or sports notified under  Explanation 4 to section  80G; (b)  the association or institution has a proven record of its dedication towards  development of infrastructure of sports or games or promotion of sports or games  for at least a period of three years; (c)  the association or institution does not distribute any part of its income in any  manner to its members except as grants to any association or institution  affiliated to it; (d)  the association or institution applies the amount received by way of donation  referred to in clause (c) of sub-section (2) of section  80G for purposes of development of infrastructure  for games or sports in India or for sponsoring of games or sports in India; (e)  the association or institution maintains regular accounts of its receipt and  expenditure; (f)  the association or institution files its return of income regularly; (g)  the notification issued by the Central Government under clause (c) of  sub-section (2) of section  80G shall have effect in relation to the assessment  year or years, not exceeding three assessment years (including an assessment  year or years commencing before the date on which such notification is issued),  as may be specified in such notification.] |