Document Fragment View

Matching Fragments

7. To invest the funds/money of the Society in a manner as provided U/S 11(5) of Income Tax Act from time to time be determined, and from time to time transfer/sell such investments.
8. The society will utilize its surplus of revenue & receipts over expenses & payments, if any, or other income in promoting its objects.
7
9. To make such grants as the Society may think fit for the benefit of the employee or employees of the Society and to grant scholarships, study loans and Financial aids to deserving students/persons.