Daily Archives: August 4, 2014

In View of CSR would foreign controlled Indian companies still be treated as foreign source?

Dear Sir, Many companies in India have foreign shareholding more than 50% due to liberalization of FDI policy. These would be “foreign source” as per section 2(1)(vi) of FCRA. Receipt of donation/contribution by NGO (not registered under FCRA) directly or … Continue reading

Posted in FCRA, TAX, LEGAL | 9 Comments