Revised Income Tax Return for NGOs

A proposal is pending with the Central Board of Direct Taxes wherein all non-governmental organizations (NGOs) will have to compulsorily file details of foreign contributions received along-with their FCRA numbers in a revised I.T.form prepared by the Directorate General of I.T. Exemption.

The revised return form, expected to be implemented from the next financial year will have additional columns for mentioning FCRA numbers and details of overseas contributions received. Scrutiny of some NGO accounts by the Income Tax Department had revealed that considerable contributions had been received by the NGOs but were not disclosed by them in their return of income filed with the I.T.Department. The reason which necessitated revision of the existing I.T.Return form, common for NGOs, Trusts including Charitable Trusts.

Socio Research & Reform Foundation
(A Non Government Organisation)
512 A, Deepshikha, 8 Rajendra Place, New Delhi – 110008
Tele/Fax: +91-11-25821088, 25817157, 25722044

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