Daily Archives: March 17, 2015

Is there any restriction on amount of donation by an individual against 35 A/C

Posted on March 17, 2015 by SRRF

Dear Sir, I have a following query: any idividual can donate any amt under 35 AC but whether a businessman /partner/proprietor of a firm after taking 100% exemption upto his limit on investments like ppf etc can over & above … Continue reading →

Posted in FCRA, TAX, LEGAL | 8 Comments

Is 12 A compulsory for FCRA?

Posted on March 17, 2015 by SRRF

Dear Sir, I would like to know some facts and logic about IT One NGO having FCRA but they don’t have IT 12 AA registration. Shall they eligible to receive foreign funds. If so did they pay tax for the … Continue reading →

Posted in FCRA, TAX, LEGAL | 4 Comments