Short Answer

Yes, under the Gujarat Cooperative Societies Act, 1961 and Rules, societies must provide receipts or forms when collecting non-occupancy fees or rent.

Detailed Explanation

Section 73 of the Gujarat Cooperative Societies Act, 1961 mandates that every society shall maintain proper accounts and issue receipts for all sums received by it. This means that when collecting non-occupancy fees or rent, the society must issue a receipt to the member or tenant to acknowledge the payment. This provision ensures transparency and accountability in financial transactions within the cooperative society.

Additionally, Rule 119 of the Gujarat Cooperative Societies Rules, 1965 specifies the form of receipts to be issued by the society. The rule states that every receipt issued by the society shall be in Form 'G' as prescribed in the rules. This form includes details such as the name of the payer, amount received, purpose of payment, and date of payment. By using the prescribed form, the society ensures uniformity and compliance with the rules.

In practice, when a society collects non-occupancy fees or rent from a member or tenant, they must issue a receipt in Form 'G' as per Rule 119. This receipt serves as proof of payment and protects the interests of both the society and the payee. Failure to provide a receipt may lead to disputes or misunderstandings regarding the payment made.

For example, if a cooperative housing society collects non-occupancy fees from a member, they must issue a receipt in Form 'G' mentioning the amount, purpose, and date of payment. This receipt acts as a record of the transaction and helps in maintaining accurate financial records. Similarly, when collecting rent from a tenant, the society must provide a receipt to acknowledge the payment made.

In conclusion, under the Gujarat Cooperative Societies Act, 1961 and Rules, societies are required to issue receipts in Form 'G' when collecting non-occupancy fees or rent. This practice ensures transparency, accountability, and proper record-keeping within cooperative societies.

References

• Section 73 of the Gujarat Cooperative Societies Act, 1961: Official PDF

• Rule 119 of the Gujarat Cooperative Societies Rules, 1965: Official PDF