Author Archives: SRRF

Deduction of TDS on Grants

Posted on February 28, 2020 by SRRF

Dear friends, I request your guidance on the following query. If an NGO ( Grantee) has 12 A certificate but does not have 80 G certificate, and if the same NGO is getting donation / grant from an 80 G … Continue reading →

Posted in FCRA, TAX, LEGAL | 5 Comments

Tax Exemptions & New Tax Slabs

Posted on February 22, 2020 by SRRF

Dear Friends, Season’s greetings! Those who opt for new income tax slabs have no incentive to donate for charitable purposes. Is it not? Do corporates get exemption on CSR spending? If yes, why do they insist on recipients to have … Continue reading →

Posted in FCRA, TAX, LEGAL | Comments Off on Tax Exemptions & New Tax Slabs

Letter to Finance Minister on Budget 2020 for non-profit sector

Posted on February 20, 2020 by SRRF

Dear SRRF Dialogue Members, We are glad to inform that CSO Support Cell on behalf of civil society, has submitted a letter to Finance Minister with around 130+ signatures earlier today. The speed with which this letter has been organised … Continue reading →

Posted in General | Comments Off on Letter to Finance Minister on Budget 2020 for non-profit sector

Budget Proposals: NPO Taxation‎

Posted on February 4, 2020 by SRRF

Budget Proposals: NPO Taxation In today’s post, proposals relating to registration requirement for New NGOs are covered. NEW NPOS S.12AA/S.80G/S.10(23) Earlier any NPO wanting to apply for registration under S.12AA or S.10(23C) could do so anytime. Generally once granted approval, … Continue reading →

Posted in FCRA, TAX, LEGAL | 2 Comments

Budget 2020 – Existing NGOs 12AA Registration

Posted on February 3, 2020 by SRRF

All NGOs need to reapply for 12A / S.80 G certificates EXISTING NGOS Budget 2020 has brought bad news to all non-profit organizations, everyone would need to reapply for renewal of 12AA & 80G and S.10(23C) certificates. Let’s deal with … Continue reading →

Posted in FCRA, TAX, LEGAL | 6 Comments

Purchase of USG machine for Hospital

Posted on January 1, 2020 by SRRF

Sir, Can a non FCRA registered Trust take financial help from FCRA registered organisation for buying USG machine and other equipements for its small hospital having licence from the government?’ Please do reply soon. With best regards.Samir Kr. Halder,

Posted in FCRA, TAX, LEGAL | 1 Comment

Rectifying error in Quarterly returns

Posted on January 1, 2020 by SRRF

Dear Members An Indian entity transferred money to our FCRA account in March 2019. We informed the bank and the funds were returned immediately. While filing quarterly returns the amount has been mistakenly shown as income. Is there a process … Continue reading →

Posted in FCRA, TAX, LEGAL | 4 Comments

Closing of FCRA Utilisation Bank Account

Posted on December 21, 2019 by SRRF

Dear Sir, We have a registration under the FCRA act. We want to close an existing utilisation bank account. Is it necessary to take any prior permission from FCRA Department of the MHA? Or is it necessary to intimate the … Continue reading →

Posted in FCRA, TAX, LEGAL | 2 Comments

CBDT approval for NGOs to work out side India?‎

Posted on December 19, 2019 by SRRF

Dear Sir, Please share some inputs on getting approval from CBDT to work outsideIndia for Charitable Purpose to promote International Welfare. Whatare the criteria and the procedure. Regards Pragya Thakur

Posted in FCRA, TAX, LEGAL | 2 Comments

Can a person can be part of executive committee member in more than one FCRA registered ‎organization?‎

Posted on November 22, 2019 by SRRF

Dear Members We have following query:- Can a person be a executive committee member in more than one FCRA registered organization ? In one association , he is chief functionary and in second confederation , vice president. Now confederation while … Continue reading →

Posted in FCRA, TAX, LEGAL | 4 Comments