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BITS Pilani Alumni Association India Trust

1.    BITSAA India Trust is a not-for-profit organization registered in Hyderabad, India as a Public Charitable Trust.  The Trust has been registered under section 12A of Indian Income Tax Act, 1961, which gives it a tax exempt status. The Trust is also an approved institution under section 80 G 5 (VI) which makes the donors eligible to claim 50% deduction , of the amounts donated to the Trust.

[Approval u/s 80G5 (VI) vide   DIT(E/HYD/80G/41(08)/10-11 Dt 22.12.2010; PAN: AABTB4270A]

2.    It is possible to institute Award/Scholarship/Prize/Sponsorship etc to be given under a name of your choice. For enquiries please contact the BITSAA Fund Raising Team fundraising-team@bitsaa.org or india.trust@bitsaa.org

3.    For a copy of the articles, bylaws and financial reports of BITSAA India Trust or for any other queries please email us at webmaster@bitsaa.org, or write to our Registered Office.

4.    Vision:  Maximize the potential of BITSians and BITS Pilani

5.    Mission:

5.1.         to undertake educational, scientific research, entrepreneurship and technology development and deployment activities;

5.2.        to construct, run and maintain schools, colleges and education centres, coaching centres;

5.3.        to provide aid in the form of Loans, Grants, Scholarships, Sponsorships to deserving students, faculty and alumni of any educational institution for the purpose of expanding the objects of the Trust;

5.4.        to establish Library and Book Banks for the benefit of students, faculty and alumni of any educational institution;

5.5.        to lease or purchase and maintain play grounds for the purpose of students;

5.6.        to lease, purchase, construct, maintain and run hostels for the benefit of students;

5.7.        to organize educational tours, seminars, conferences, competitions, exhibitions, debates for expansion of knowledge and betterment of students, faculty and alumni;

5.8.        to publish literature for betterment of society;

5.9.        to provide medical aid to students, faculty and alumni of any educational centers including their family members by way of meeting expenses in case of emergencies;

5.10.     to promote or join other organizations to co-promote activities in furtherance of the objects of the Trust; and

5.11.     to do all acts necessary and conductive to the achievement of the objects of the Trust mentioned hereinabove

6.       Structure

The key representatives for governance of BITSAA India Trust are listed below.

Board of Trustees

Dr. Ashok Agarwal

agarwal.ashok.k@gmail.com

O P Jagetiya

opj1971@gmail.com

Sanjay Khendry

skhendry@gmail.com

B Ramesh

bramesh1946@gmail.com

Shiv Kumar Tayal

skt1953@gmail.com

Shiv Shankar Asthana

shiv.asthana@yahoo.com

 

7.       Address for mailing cheques / addressing queries:

O.P.Jagetiya

4A,Falcon Crest,

Road No 10, Banjara Hills

Hyderabad – 500 034

india.trust@bitsaa.org

8.    Registered Office

BITSAA India Trust
6-3-113/3,Medha Building
B.S.Makhta
Hyderabad-16
india@bitsaa.org

9.    Donations to Trust / Guidance to Donors:

9.1.  Donations/Contributions may be remitted to the following Bank account of the

Trust:

Account Name:         BITS  PILANI ALUMNI ASSOCIATION INDIA TRUST

Bank                          Axis Bank Ltd

6-3-879/B G Pulla Reddy Bldg;Greenlands,

 Begumpet Road

Hyderabad – 500 016;Telangana (India)

IFSC                          UTIB0000008

Account No                008010102013929

Account Type            Savings

9.2.  Trust PAN No: AABTB4270A

9.3.  Cheques may be deposited in any branch of Axis Bank or sent to the following address:

BITSAA India Trust

O P Jagetiya

4A, Falcon Crest,Road No 10, Banjara Hills,

Hyderabad-500 034; Telangana (India)

9.4.  The Trust does not have approval to accept non INR donations as of now.

9.5.  Please do include your name and email in the transaction narration so that the money transfer can be tracked for issue of receipt.

9.6.  Donors may also please inform through mail (to india.trust@bitsaa.org) about the money transfers giving the transaction reference/date/amt/donor’s name and the purpose for which the donation has been made.

9.7.  The Trust will issue a formal receipt if asked for. Receipt will be issued in the name of the person/institution sending the money. No receipt will be issued if cash is deposited to the Trust account, only bank instruments (cheque/DD/Net transfers, etc.) are accepted.

9.8.  Donations to the Trust are eligible for deduction of 50% u/s 80G of Income Tax Act 1961as of now.

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