‘Akkineni Foundation’ loses it recognition!

Posted [relativedate] at [relativetime time_format=”H:i”] 

The central government has cancelled recognition of Akkineni Foundation’ due to non-submission of Income Tax returns. Few other NGO’s are also on the line that has been axed.

Kiren Rijiju, the Union Minister informed Rajya Sabha that the government cancelled recognition of 190 organizations in Telangana and 450 in Andhra Pradesh states for negligence in filing IT returns which included Akkineni International Foundation.

Even though Akkineni Foundation took a lot of social activities including organizing health camps in rural areas and even presented ‘Akkineni National Awards’. In spite of getting funds from foreign countries, they did not bother to file returns for the previous financial year. The government also notified the NGO’s earlier too to file returns which get funds from foreign countries. It stated clearly that they should submit annual income information and in case if they fail to provide the same, it cancelled the recognition, the Union Minister addressed Rajya Sabha.

We have to wait and see what ‘Akkineni Foundation’ response will on this issue. 

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