Author Archives: SRRF

FCRA Amendment 2020 – Likely Impact

Govt has introduced amendments in FCRA through FCRA 2020, which are likely to have a major impact on the way the NGO Sector works.  Major changes with brief description is as follows: ‎No transfer of FC to Public Servant: Addition … Continue reading

Posted in FCRA, TAX, LEGAL | 12 Comments

Govt. proposes to postpone compulsory renewal of S.12AA & S.80G to 1-4-2021

Govt has introduced a bill in Lok Sabha yesterday (18 Sep 2020) to postpone compulsory renewal of S.12AA & S.80G renewals to 1st April 2021. This will be a temporary relief, Govt has initially planned it effective 1st June 2020 … Continue reading

Posted in FCRA, TAX, LEGAL | 1 Comment

Is FCRA prior permission needed for grant from a company?

Dear Members, I have a query under Foreign Contribution (Regulation) Act, 2010. A company whose business is to provide low cost greenhouses to small and marginal farmers has received grants from a foreign Bank. The nature of the amount received … Continue reading

Posted in FCRA, TAX, LEGAL | 4 Comments

Can the Trust give place to FC registered organisation to install the USG machine

Dear Sir/Mam,Thanks a lot for the information about USG installation. I like to know another information. The Non FC registered Trust has no capacity to buy USG machine, but the facilities is needed in the area as there is no … Continue reading

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Redeposit Petty Cash fund at the end of every month in Utilization Bank

Dear Members, I would like to get expert opinion on the following case: can quote the clause if mentioned in the FCRA 2010. Can petty cash (less than INR 5,000) be redeposited at the impressed/utilization bank account every month; the … Continue reading

Posted in FCRA, TAX, LEGAL | 3 Comments

Offering USG Machine to a Trust

Dear Members, I would like to know whether a FCRA Registered social organisation can by Ultra Sonography Machine(USG machine) with foreign donation and can offer that USG machine to a health center needed most  run by a Charitable Trust which … Continue reading

Posted in FCRA, TAX, LEGAL | 6 Comments

Transfer of fund from FCRA utilization to partner main FCRA account

Dear Sir,   This is Sourav Ghosh from Delhi, I have a query regarding the FCRA utilization account. Is it possible to transfer fund to Grant Partner i.e,  another NGO main FCRA designated account from our organization FCRA utilization account. … Continue reading

Posted in FCRA, TAX, LEGAL | 4 Comments

Query – Process to update FCRA Bank Account changed due to merger of the Banks.‎

Sirs, Governmentof India took a decision to merge many public sector banks to merge into a few number of banks. Our Vijaya Bank is merged with Bank of Baroda. Our bank account number and bank registered for receiving funds under … Continue reading

Posted in FCRA, TAX, LEGAL | 1 Comment

TAXABILITY OF SPECIFIC DONATION TO TRUST NOT REGISTERED UNDER 12A

Dear Sir/Mam, We sought guidance/ suggestions regarding the following queries in case of Trust established vide duly executed Trust Deed:- 1. Whether the Trust can receive donation from Trustees towards Corpus in Cash of > Rs. 2,000/- ?2. Whether donations received … Continue reading

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Procedure and formalities to open NGO in India by OCI card holder

Dear Sir, I would request you if you can provide information about the provisions of FCRA and other laws related to a person who is a foreign citizen of Indian origin with an OCI card retired and moved to India … Continue reading

Posted in FCRA, TAX, LEGAL | 4 Comments