Daily Archives: August 4, 2014

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

Posted on August 4, 2014 by SRRF

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