Daily Archives: May 3, 2014

Corpus Fund

Dear All, Greetings from Hyderabad! Can the own funds of the NGO be converted into Corpus Fund based on the decision of the BoT/GB? Thanks and regards, — B V Soma Sastry

Posted in FCRA, TAX, LEGAL | 3 Comments

85% utilization

Dear All, Greetings from Hyderabad! This is with reference to the 85% utilization as per the provisions of the IT Act. My query is as under: There are certain projects for which funds are not received in the FY as … Continue reading

Posted in FCRA, TAX, LEGAL | 3 Comments