Monthly Archives: July 2014

Change in Registered Office

Dear SRRF partners, kindly give answer to the following query. At the time of registration of a Trust or a Society, all will not have their own buildings for the offices. They will provide the address where the Founder presently … Continue reading

Posted in FCRA, TAX, LEGAL | 1 Comment

Treatment of contribution received for workshop.

Dear Sir, We are organizing a workshop on solid tumor (a type of cancer) in which we are expecting the participants from all over India. We will charge registration fee only. We will do all expenses like providing accommodation, to and fro train … Continue reading

Posted in FCRA, TAX, LEGAL | 2 Comments

Clarifications provided by Government regarding CSR

Recently Ministry of Corporate Affairs has issued a circular further clarifying the scope of CSR activities. It states that Schedule VII is to be interpreted liberally so as to capture the essence of services included in Schedule VII. The circular … Continue reading

Posted in CSR | Comments Off on Clarifications provided by Government regarding CSR

Clarification about filing NGO Tax Return

Dear sir, Our NGO registered under societies Act is working since 2005 , We does not take any financial contribution. NGO activities mostly related to awareness building and advocating efficient water use practices & educating primary class students and village … Continue reading

Posted in FCRA, TAX, LEGAL | 5 Comments

BUDGET-2014 CHANGES IMPACTING NGO SECTOR

Budget is generally a disappointment for the NGO community, with only a very few benefits. CSR expenditure of companies not to be tax deductible. Thus a big disappointment for companies, who now may resort to camouflage it under other sections. … Continue reading

Posted in General | 4 Comments

Is FIRC necessary, if funding agency based in India?

Dear Sir, If a Funding Agency based in India gives Donation to us in our FCRA Account, since the source of Funding is Foreign based. The transfer of money will be from their FC Account to our FC Account through RTGS. Do we … Continue reading

Posted in FCRA, TAX, LEGAL | 6 Comments