{"id":4775,"date":"2025-06-28T07:34:46","date_gmt":"2025-06-28T07:34:46","guid":{"rendered":"https:\/\/blog.srr-foundation.org\/?p=4775"},"modified":"2025-06-28T07:41:36","modified_gmt":"2025-06-28T07:41:36","slug":"treatment-of-fund-received-from-sale-of-immovable-property-purchase-from-fc","status":"publish","type":"post","link":"http:\/\/blog.srr-foundation.org\/?p=4775","title":{"rendered":"Which account funds to be deposited on sale of FCRA Property"},"content":{"rendered":"\n<p>Dear Members,<br><br>Require your opinion:<\/p>\n\n\n\n<p>If a FCRA certificate holding Society-cum-Trust has obtained permission from the Charity Commissioner to sell its immovable property which was purchased 20 years back from its Foreign funds. Now, the authorized buyer which is a LLP company or a Trust wants to electronically transfer the amount agreed upon.<\/p>\n\n\n\n<p>QUESTIONS:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Which FC account should the buyer be advised to transfer to: the main account at SBI, NDMB or its FC utilization account (from which the immovable property was purchased)?<\/li>\n<\/ol>\n\n\n\n<p>Kindly guide us.<\/p>\n\n\n\n<p>Dhruv Mankad<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear Members, Require your opinion: If a FCRA certificate holding Society-cum-Trust has obtained permission from the Charity Commissioner to sell its immovable property which was purchased 20 years back from its Foreign funds. Now, the authorized buyer which is a &hellip; <a href=\"http:\/\/blog.srr-foundation.org\/?p=4775\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-4775","post","type-post","status-publish","format-standard","hentry","category-fcra-tax-legal"],"_links":{"self":[{"href":"http:\/\/blog.srr-foundation.org\/index.php?rest_route=\/wp\/v2\/posts\/4775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/blog.srr-foundation.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.srr-foundation.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.srr-foundation.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.srr-foundation.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4775"}],"version-history":[{"count":3,"href":"http:\/\/blog.srr-foundation.org\/index.php?rest_route=\/wp\/v2\/posts\/4775\/revisions"}],"predecessor-version":[{"id":4779,"href":"http:\/\/blog.srr-foundation.org\/index.php?rest_route=\/wp\/v2\/posts\/4775\/revisions\/4779"}],"wp:attachment":[{"href":"http:\/\/blog.srr-foundation.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.srr-foundation.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4775"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.srr-foundation.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}