Author Archives: SRRF

Dear Members, I received a foreign fund. I have to educate people for disaster management and also have to develop an equipment which could monitor the disastrous activity while disaster happens. developing the equipment is almost 80% of the total … Continue reading →

Dear Friends, Please throw light on: Gone are the days when donors used to crowd at the doors of some good NGOs for funding good works. Gone are great men like Gandhiji whose call for funds in crowded public meetings … Continue reading →

In a decision by ITAT-Delhi, following important aspects of a charitable institution were decided upon. Whether for registration under S.12AA/12A, execution of a formal deed of trust is necessary, without which registration could not be granted ? Whether tax authorities, … Continue reading →

Dear Sir, How to deal a situation when you have a Prior permission FCRA account and also the organisation received a permanent registration. Do we need to file two separate Annual return or it can be mergered into one return. … Continue reading →

Resolution of Ford Foundation’s working in India In April last year, Ford Foundation was put on ‘watch list’ by MoH. It created a huge stir within the NGO community as well as in diplomatic relations considering the clout of Ford … Continue reading →

Annual audited FCRA accounts Rule 13 (a): Earlier NGOs receiving more than Rs 1 crore were required to put up a summary of receipts & payments on their website, however the amended rule requires that all NGOs to display audited … Continue reading →

We summaries below some important decisions taken by Banglore ITAT in the case of Dy Dir of IT (Exempt.), Circle 17(2), Banglore vs Ohio University Christ College, Academy for Management Education [2015(12) TMI 42- ITAT Banglore]. Academy for Management Education … Continue reading →

Dear Members Warm greetings from New Delhi! As per the new FC-4 Return, following is to be shown: “Total number of foreigners working (salaried/honorary capacity)” Who all are to be included in the term “foreigners”? NRI or PIO holding Foreign … Continue reading →

Dear Members Warm greetings from New Delhi! As per the new FC-4 Return, following is to be shown separately: “Foreign Contribution received during the financial year: (i) Directly from a foreign source (ii) as transfer from a local source” Earlier … Continue reading →

Proposed Changes in definition of Foreign Source Comments invited by 20th January 2016 Comments being asked for changes in definition of Foreign Source, which would take out all those companies registered in India with more than 50% share capital held … Continue reading →