The Secretariat of the National Committee for Promotion of Social & Economic Welfare consists of the following officers: -
The Secretariat staff processes the applications filed by the applicant organizations for approval of their projects u/s 35AC of IT Act, 1961 for putting up before the National Committee for consideration.
On receipt of complete information from the applicant organization, an appraisal report based thereon, is placed before the National Committee for Promotion of Social & Economic Welfare (the Committee consists of 14 members and is headed by a retired Chief Justice of India as its Chairman. The other members are also persons of eminence in public life) in its Business Meeting. The recommendations of the National Committee in respect of eligible projects are made to the Central Government, on the acceptance of which, the eligible projects are notified in the Gazette of Government of India.
No separate norms have been set by the Department of Revenue for discharge of functions of the National Committee. However, all the rules guidelines and norms applicable to the functioning of government offices shall apply in this case as well.
The work & functions relating to the National Committee are covered under section 35AC of Income Tax Act, 1961 and relevant rules contained in Income Tax Rules, 1962.
The National Committee is maintaining records in respect of eligible projects approved u/s 35AC of IT Act, 1961 and notified in the Gazette of Government of India, along with notifications in respect of nomination and appointment of members of the National Committee.
There is no separate arrangement for consultation with, or representation by, the members of the public in relation to the formulation of its policy or implementation thereof. Such matters are dealt in the course of normal functioning of the Secretariat, whereby, the interested public can make a suggestion, request or representation in writing or seek personal meetings over related issues.
The National Committee is constituted by the Finance Minister, which consists of 14 members headed by a retired Chief Justice of India as its Chairman and the other members being persons of eminence in public life. The relevant abstracts of the minutes of its Business Meeting are either notified in the Gazette of Government of India in respect of eligible projects approved u/s 35AC of IT Act or otherwise communicated to the concerned applicant organizations. Neither the meetings of the Committee, nor its minutes are open or accessible to public. However, details of the cases approved on recommendation of the Committee are accessible to public through the Gazette notification. In cases, where approvals are not given, the information is available only to the concerned applicant organization.
The donor gets 100% deduction for the amount donated or contributed to eligible projects approved u/s 35AC of IT Act, 1961. This deduction is allowable under section 35AC in respect of income from business or profession. This deduction is also available to an assesse in computing its total income under sub-clause (bb) of clause (2) of section 80GGA.
Relevant details of all the approved projects and organizations are published in Gazette of Government of India as and when these are notified. However, these approvals are given by the Finance Minister on behalf of the Central Government.