Author Archives: SRRF

Service Tax on Grant

Posted on September 3, 2015 by SRRF

Dear Members, We have received grant Rs.10 Lacs in 28th August 2015 from foreign source for a specific project and deposited in FCRA account. The said amount is not inclusive of service tax. Q.1 What amount to be deposited? Is … Continue reading →

Posted in FCRA, TAX, LEGAL | 4 Comments

Income arising from Foreign Contribution

Posted on August 28, 2015 by SRRF

Dear Sir, We are running a clinic and for this we have purchased equipment out of FC grant. Day to day running cost of clinic i.e., Rent, elect charges, water charges, payment to sweeper and salary payment to staff is … Continue reading →

Posted in FCRA, TAX, LEGAL | 4 Comments

Fund Account Treatment – Clarification

Posted on August 26, 2015 by SRRF

HI, I am working in an Indian NGO and we are getting grants from our USA based funding agency. As a general practice we are booking expenses in our books of accounts. However under certain case for ex. salary of some … Continue reading →

Posted in FCRA, TAX, LEGAL | 2 Comments

Some recent case laws on Charitable institutions…

Posted on August 25, 2015 by SRRF

Deemed provision under S.12AA is not automatic and would need to be followed with a writ Recently Allahabad High Court (Full Bench) has ruled that non-disposal of an application for registration before the expiry of six months as provided u/s … Continue reading →

Posted in FCRA, TAX, LEGAL | 1 Comment

FCRA fund for seminar.

Posted on August 11, 2015 by SRRF

Can i received FCRA fund from individual foreigner for training/seminar fees and deposit in FC Bank account Regards Manish Indore

Posted in FCRA, TAX, LEGAL | 9 Comments

Road Accidents and Capital punishment

Posted on August 3, 2015 by SRRF

Dear Friends, Our Intellectuals are a strange lot. They never made enough noise, if any / at all, about thousands of deaths of pedestrians and others every year. They are worried about the rarest of rare capital punishments. Capital punishment in … Continue reading →

Posted in Pedestrian safety | 5 Comments

Involvement of Government requirement/ Taxes in organizing event to raise fund

Posted on July 31, 2015 by SRRF

Could anyone guide us for government requirement and taxes involved in organising a musical event to raise fund. Early response will be appreciated. COLOMBOWALA

Posted in FCRA, TAX, LEGAL | 4 Comments

Update Information within next 15 days to avail online Services of FCRA with ease

Posted on July 30, 2015 by SRRF

Dear SRRF Dialogue Member, Greetings from SRRF!!! FCRA Department has become quite active as we all know. Now it has asked all FCRA registered associations to provide various details online. Please go to the link following http://fcraonline.nic.in/ to access the … Continue reading →

Posted in FCRA, TAX, LEGAL | Comments Off on Update Information within next 15 days to avail online Services of FCRA with ease

CAN AN AMERICAN CITIZEN WITH AN OCI CARD BE A MEMBER OF THE GOVERNING BODY

Posted on July 29, 2015 by SRRF

Dear SRRF, Can an american citizen with an OCI card, previously called PIO, be a member of the governing body, and be a signatory of a society having FCRA. Thanks, Freddy Martin Associate Director Asha Society Ekta Vihar ,R.K.Puram,Sector 6.New … Continue reading →

Posted in FCRA, TAX, LEGAL | 5 Comments

Treatment of Excess Foreign Contribution

Posted on July 22, 2015 by SRRF

I would like to know the FCRA provisions with regard to refund of excess foreign contribution received after utilization for a specific project. Regards, Shekar Bangalore

Posted in FCRA, TAX, LEGAL | Tagged | 2 Comments