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[Cites 0, Cited by 0] [Section 50] [Entire Act]

State of Telangana - Subsection

Section 50(3) in Telangana Charitable and Hindu Religious Institutions and Endowments Act, 1987

(3)In the case of gifts of property or money made to the mathadhipati not as personal gifts but as gifts intended for the benefit of the math, the mathadhipathi, shall keep accounts of all receipts and disbursements of such gifts and shall cause such accounts to be produced before the Commissioner or any person authorised by him in this behalf whenever; so required.Explanation. - Any gift of property or money made to the Mathadipathi shall, unless it is specified by the donor as padakanuka or personal gift, be presumed to be gift intended for the benefit of the math.