Local Goa News

Monday, November 28, 2016

Church submits accounts to I-T

Data of nearly 200-odd churches, including institutions and chapels compiled and uploaded; information given includes number of notes of Rs 500 and Rs 1000 held on November 8, account balances, cash book copy of all institutions as on November 7, 8 and 9

PANJIM: The Archdiocese of Goa and Daman on Monday confirmed that it has submitted the information sought by the Income Tax (I-T) Department regarding account information and cash balances as well as cash in hand to the department.

Speaking to Herald, the Financial Administrator for the Archdiocese, Fr Valeriano Vaz, said, “We have sent the required information to the I-T department as per their requirements within a short span of time. It was a very difficult job as all the priests from different churches had to come together to compile the data, when they had other important jobs but we managed to submit the data within the time given to us.”
“We had to sit down and compile data for nearly 200-odd churches, including our institutions and chapels. All of the priests have come together within a short period and all of them had to rush to quickly get the data compiled. All the data was there but we just had to compile it,” Vaz said.
“We have also kept a hard copy with us and sent the information to the I-T department on the links provided to us via the internet,” he added
He said that the Archdiocese received the letter from the I-T Department on November 21 and that was the same day to provide the information. It being impossible to furnish the data the same day, there being around 200 odd churches they sought time and I-T Department granted them a week.
“The request was made to us under Section 133(6) of the Income Tax Act and we had been asked to announce the number of notes of Rs 500 and Rs 1000 held by us on closing day November 8, similarly we had been asked to provide account balances available under our societies and trusts and also self attested copy of the cash book of all our institutions as on November 7, 8 and 9,” he added.

Herald Goa News

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