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 every year for a portion of the operating expenses ( Salaries and Medicines) by remittance into our FCRA Account.
Their cycle of funding is from 1st Oct to 30 Sep of every year. This year we received their funds late ie only by December. So we met the expenses (medicines and salary and food) from our own rupee donations in another bank.
The question is whether we can now transfer the amount of those expenses from the FCRA account to our rupee account in the other bank.
Would be very grateful if you could provide an answer.
With kind regards