Author Archives: SRRF

Applicability of Service Tax on the assessment provided by the various organisations to the schools for assessing their students?

Posted on December 14, 2015 by SRRF

Dear Sir, Can you please clarify if service tax is applicable on assessments that are being provided by the various organisations to the schools for assessing their students? The latest circular states : (i) Education: At present, all services provided … Continue reading →

Posted in FCRA, TAX, LEGAL | 2 Comments

Can Section 8 Companies have shareholders?

Posted on December 11, 2015 by SRRF

Dear Friends, Please let me know if Section 8 Companies can have shareholders? If yes, please update me on the related aspects. Thanks and regards, — B V Soma Sastry

Posted in FCRA, TAX, LEGAL | 12 Comments

IT return filing for Trusts

Posted on November 30, 2015 by SRRF

Dear sir/madam, Pl include my following queries in your group mail so we get the answers needed. 1. Is it now still valid and mandatory to get a Digital Signature for filing IT returns for a Charitable Trust? 2. If … Continue reading →

Posted in FCRA, TAX, LEGAL | Comments Off on IT return filing for Trusts

Tax Implications on working as a contractor

Posted on November 26, 2015 by SRRF

Dear Members, SKG Sangha is an NGO working in the fields of sustainable energy, sustainable agriculture and waste management. As party of our projects, a software company has come forward to fund one of our energy projects. Whereas the company … Continue reading →

Posted in FCRA, TAX, LEGAL | 5 Comments

Foreign Interns

Posted on October 27, 2015 by SRRF

Dear Network members, We are an NGO working in the fields of sustainable energy, agriculture and waste management. A boy of 16 years from Korea is showing interest to come to India for a two months internship at our organisation. … Continue reading →

Posted in General | 6 Comments

Applicability of Service Tax on Conducting Workshops

Posted on October 26, 2015 by SRRF

Dear Members, We are a section 25 company, having 80G and 12A exemptions, we have been asked by NACO to technically support and organize two workshops on given themes, and NACO had directed us to reimburse the amount with 10% … Continue reading →

Posted in FCRA, TAX, LEGAL | 2 Comments

Latest news on FCRA Renewal

Posted on October 23, 2015 by SRRF

This is to bring to all SRRF Dialogue members attention that there is finally some movement on pending FCRA renewal applications. Today SRRF received an intimation from senior FCRA official informing us that FCRA renewal process is likely to be … Continue reading →

Posted in FCRA, TAX, LEGAL | 19 Comments

FCRA Renewal

Posted on October 19, 2015 by SRRF

Dear All We have registered Trust under FCRA since 1999. As per rule we have already apply for FCRA Renewal on 29 Apr 2015, but till date not receive any intimation or letter from FCRA division. My question is what … Continue reading →

Posted in FCRA, TAX, LEGAL | 7 Comments

Service Tax on Donations

Posted on October 15, 2015 by SRRF

Dear Members, I have another question on applicability of Service Tax Some organisations create Chairs after the donors name eg. ICRIER has a chair called Infosys Chair for ….. Could you advise treatment of such donations ? Service tax ? … Continue reading →

Posted in FCRA, TAX, LEGAL | 1 Comment

ALLOWABILITY OF BASIC EXEMPTION LIMIT

Posted on October 13, 2015 by SRRF

A society is registered under the Society Registration Act 1860 but is not registered under section 12 AA of the Income Tax Act and it carries out charitable objects. Can it not claim basic exemption limit under Income Tax Act … Continue reading →

Posted in FCRA, TAX, LEGAL | 7 Comments