Monthly Archives: December 2015

Dear Members Warm greetings from New Delhi! As per the new FC-4 Return, following is to be shown: “Total number of foreigners working (salaried/honorary capacity)” Who all are to be included in the term “foreigners”? NRI or PIO holding Foreign … Continue reading →

Dear Members Warm greetings from New Delhi! As per the new FC-4 Return, following is to be shown separately: “Foreign Contribution received during the financial year: (i) Directly from a foreign source (ii) as transfer from a local source” Earlier … Continue reading →

Proposed Changes in definition of Foreign Source Comments invited by 20th January 2016 Comments being asked for changes in definition of Foreign Source, which would take out all those companies registered in India with more than 50% share capital held … Continue reading →

Dear Sir, I am a frequent visitor of your blog SRRF. It is a great source of resources. Couple of times I interacted with you through emails and even posted some questions and answered for others’ queries too. In the … Continue reading →

FEEDBACK REPORT Legal Compliance Workshop for NGOs [Thursday, 17th December 2015, India International Centre (Annexe), 40 Max Mueller Marg, N. Delhi – 3] Dear Friends with a special Hello to all the Participants who attended the workshop. We thank all … Continue reading →

Annual Return filing date extended to 15th March 2016 Vide a notice of 22nd December 2015, FCRA Dept has extended filling date of Annual Return (now under FC4) to 15th March 2016. This has been done to allow FCRA users … Continue reading →

Dear Memebrs, I wish to have a clarification on the following: We have a FCRA account with UCO Bank, Abids Circle Branch, Hyderabad. But the branch does not deal with Foreign exchange. UCO Bank, Banjara Hills branch deals with foreign … Continue reading →

Dear Sir, Can you please clarify if service tax is applicable on assessments that are being provided by the various organisations to the schools for assessing their students? The latest circular states : (i) Education: At present, all services provided … Continue reading →

Dear Friends, Please let me know if Section 8 Companies can have shareholders? If yes, please update me on the related aspects. Thanks and regards, — B V Soma Sastry