Author Archives: SRRF

Clarification on Foreign Donation

Posted on February 19, 2021 by SRRF

Dear Sir/Mam, Need your guidance regarding donation from Foreign National (Foreign Passport) doing business in India and having valid PAN card and Aadhar.Does donation from this person through his/her SBI Account (India branch) be considered a Normal Donation or Foreign … Continue reading →

Posted in FCRA, TAX, LEGAL | 11 Comments

Correction of Trust Name

Posted on February 18, 2021 by SRRF

Respected sir, I’ve registered a trust through a lawyer on 6th feb 2021 in Mathura district of Uttar Pradesh but spelling of trust name on e-stamp is wrong. I’m president of the trust and would like to correct the spelling of … Continue reading →

Posted in FCRA, TAX, LEGAL | 1 Comment

Transferring funds to foreign accounts

Posted on February 11, 2021 by SRRF

We have the following query – Can a charitable Trust having 80G and 12AA certificates, transfer funds into a vendor’s foreign account for services rendered outside India, but for a project in India? Would it flout any conditions of the … Continue reading →

Posted in FCRA, TAX, LEGAL | 1 Comment

What if FCRA Registration is not ‘Renewed’ before the ‘Expiry’ Date

Posted on February 10, 2021 by SRRF

There is some confusion regarding consequences of non-renewal before expiry of FCRA Registration Certificate.  Many consider that in such a scenario, concerned entity cannot receive or utilize funds. This is based on reading of Rule 12(5), which is reproduced below: … Continue reading →

Posted in FCRA, TAX, LEGAL | Comments Off on What if FCRA Registration is not ‘Renewed’ before the ‘Expiry’ Date

MAJOR CHANGES IN CSR PROVISIONS

Posted on February 2, 2021 by SRRF

As many of you may be aware that recently new CSR rules have been brought by Ministry of Corporate Affairs. We provide below a summary of major change for your reference. Societies & Trusts allowed to implement CSR projects Draft … Continue reading →

Posted in CSR | 7 Comments

Can NGOs include ‘Public Servants’ in their Board?‎

Posted on December 29, 2020 by SRRF

Respected Sir, Greetings from Kutch Mahila Vikas Sangathan! Let me in introduce myself, my name is Kamlesh Barmeda, and I have been working with Kutch Mahila Vikas Sangathan (KMVS) since 2007 as Finance Manager, Kutch Mahila Vikas Sangathan (KMVS) was … Continue reading →

Posted in FCRA, TAX, LEGAL | 4 Comments

Carrying Repairing and rebuilding out of FCRA fund

Posted on December 4, 2020 by SRRF

Dear Members, I would like to get advice on the following issue. A sporting organisation holding  FCRA  registration has established a health care center PHC type  in rural area in 2007 with foreign support. For the administrative purpose the organisation has … Continue reading →

Posted in FCRA, TAX, LEGAL | 2 Comments

80G and 12A registration for Section 8 company

Posted on November 27, 2020 by SRRF

Dear Members, We have established non profit company under section 8 of Indian companies act 2013. Please let us know whether we should register for 80g and 12a or these two are already incorporated in section 8. Dr.PSR.Sabhapathy

Posted in FCRA, TAX, LEGAL | 1 Comment

Key Changes in Rules subsequent to amendment in FCRA 2020 – Part ‎II

Posted on November 25, 2020 by SRRF

In earlier part we covered changes in Rules relating to Opening of FCRA Account at SBI Main Branch, New Delhi Maintaining another FCRA Account for keeping & utilization of Funds Transfer of funds to other NPOs under S.7 totally prohibited … Continue reading →

Posted in FCRA, TAX, LEGAL | Comments Off on Key Changes in Rules subsequent to amendment in FCRA 2020 – Part ‎II

ANNUAL RETURN last date extended to 30th June 2021

Posted on November 24, 2020 by SRRF

FCRA Dept has now extended filing of Annual Return to 30th June 2021. As per the Notice this is done to enable NPOs to comply with following (based on FCRA Public Notice dt 23-11-2020): Opening of FCRA Account with SBI, … Continue reading →

Posted in FCRA, TAX, LEGAL | 2 Comments