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AP govt has no records of Sathya Sai Trust

Posted by on April 23, 2011 0 Comment

Andhra Pradesh government does not have any records relating to Sathya Sai Central Trust.

The Trust was registered with the endowment assistant commissioner at Anantapur on September 2, 1972. But, the state does not even have a copy of the trust deed. “The Trust was exempted from submitting reports to the state government and the endowment department. So, we have no documents relating to the Trust,” said K V Ramanachary, principal secretary, endowments. The central government was monitoring the Trust’s activities, he said.

The Sai Baba is the chairman of the Sathya Sai Central Trust. In 1980, the Trust had requested the state government to exempt it from statutory filing of reports to the endowment department. This was accepted by the then Congress government in AP.

According to the Indian Trust Act, trusts should submit a report to the state government at least once every three years. The Sathya Sai Central Trust is a leading religious, educational and cultural organisation which receives large amounts of money as foreign donation. “But due to the exemption, it has been filing only the foreign contribution report under the foreign contribution regulation act to the Union home ministry every year,” said a source in the government.

Union home ministry sources said the Sathya Sai Trust filed its 2009 report about three months back. As per its report, the Trust received Rs 95 crore as foreign contribution in 2003-04, Rs 47.7 crore in 1996-97, Rs 42.9 crore in 1997-98, Rs 39.8 crore in 1998-99 and Rs 50.2 crore in 1999-2000. In 2001-02, the trust received Rs 88.18 crore foreign contribution.

Besides, the Trust also files income tax returns to the I-T department. Since it was founded in 1972, the Trust enjoys 100% tax exemption.

Apart from the Sathya Sai Central Trust, several otehrs trusts were floated by Sai Baba for various philanthropic activities. Among them are Shri Sathya Sai Health Trust, Karnataka, Shri Sathya Sai Trust, Karnataka, Sri Sathya Sai Books & Publication Trust, Mumbai, Sri Sathya Sai Institute of Higher Learning, Anantapur, Sri Sathya Sai Medical Trust, Anantapur and Sri Sathya Sai Foundation for Universal Peace, Anantapur. TOI

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