Monthly Archives: January 2018

Transfer of funds from FCRA to Non FCRA A/c

I wanted your help with regards to a question I have on our FCRA account. ‎ We are a NGO in Bangalore catering to cancer patients in their last stages with free treatment.‎ We have a donor who funds us … Continue reading

Posted in FCRA, TAX, LEGAL | 13 Comments

Are FCRA funds allowed for Corpus purposes

Dear Friends, If a foreign entity wishes to donate to our Corpus, is that allowed under FCRA? If so, are there any special formalities to be followed? A quick response will be much appreciated. Thanks & regards, Ruby

Posted in FCRA, TAX, LEGAL | 5 Comments

Implications if NGO not registered under 12A

Dear Friends Is it legally valid to provide a Grant-in-Aid to a Registered Federation of Self Help Groups for which 12A is Applied For and awaited. Funds are domestic in nature and raised by the Donor Organisation. Does the Donor … Continue reading

Posted in FCRA, TAX, LEGAL | 2 Comments