Monthly Archives: November 2014

What is return form for Assets purchased from FCRA fund

What is the return form ( FC-6 or FC-7 ) for Fixed assets purchased from FCRA  fund ? What is the last date to file the FCRA annual return and Fixed assets return. Ashok Mishra SNS Foundation

Posted in FCRA, TAX, LEGAL | 3 Comments

Clarification on service tax – Where is service receiver located abroad?

Here is an opinion on Service tax. I am quite confused. Could someone throw more light on the subject? What exactly is the right interpretation? “Services to foreign organisations may not be chargeable to service tax in some cases. To … Continue reading

Posted in FCRA, TAX, LEGAL | 2 Comments

Is revision of FC-6 possible?

Dear Sir A NGO (already registered under FCRA) has received funds (INR) from a Foreign Bank having operations in India for the purpose of sustainable development of an area. These funds have been received from Mumbai branch of that bank … Continue reading

Posted in FCRA, TAX, LEGAL | 7 Comments

Engagement of foreign citizens in NGOs/Board

Dear Sir, This is to obtain a clarification as to whether – 1) Foreign nationals can be enrolled on to the Governing Board of NGOs who are foreign contribution recipient. 2) Similarly, whether foreign nationals can be appointed to a position … Continue reading

Posted in FCRA, TAX, LEGAL | 3 Comments

More information about 80G and S.35 AC

Dear Sir, I have some doubts about the 80 G receipts and the IT 35 Ac and 35 i, i & ii. What is the limit of the receipts under the 80 G. What is the relevance of the Indian … Continue reading

Posted in FCRA, TAX, LEGAL | 2 Comments