Author Archives: SRRF

Query- TDS

Dear SRRF members, We have received a new query under TDS, from Collen Margaret ” I am working for a Reg. Society where our main source of income is Rentals for which I have obtained TDS exemption certificate from IT department. Apart … Continue reading

Posted in FCRA, TAX, LEGAL | 3 Comments

Query-FCRA

Dear SRRF members, We have received a new query under FCRA, from B V Soma Sastry ” I have two questions: Can grants be given from utilization FC account? Do we have to send the bank statements of the utilization accounts along with … Continue reading

Posted in FCRA, TAX, LEGAL | 2 Comments

Query- CSR

  Dear SRRF members, We have received a new query under CSR, from Uday Shankar As a lay person trying to dabble with accountability issues which should be the concern of one and all engaged in development action, I seek … Continue reading

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Query- Income Tax-Sec 12A

Dear SRRF members, We have received a new query under Income Tax from Ms. Leela Tirthani “The NGO should however be registered u/s 12A.” this mean if a NGO does not have 12A registration TDS will be deducted on the Grant-aid received ?” … Continue reading

Posted in FCRA, TAX, LEGAL | 2 Comments

Query- Income Tax- Sec 12A

Dear SRRF members, We have received a new query under Income Tax from Mr. Vidya sagar Devabhaktuni’ President- SKG Sangha ”Being a society registered under section 12A of the Income Tax Act, is the society allowed to keep its funds in a bank … Continue reading

Posted in FCRA, TAX, LEGAL | 3 Comments

Friendly measures to keep Railways clean

The Open Discharge toilets are costing the India Railways a staggering Rs 350 crore a year because of corrosion of tracks by night soil. The idea of green toilets has often been discussed in the past, but has not made … Continue reading

Posted in Social Issues | Comments Off on Friendly measures to keep Railways clean

Query- Service Tax

Dear SRRF members, We have received a new query under Service Tax from Human Development Society ”Are NGOs registered under Societies Registration Act’ 1860 required to charge service Tax?’’ Looking forward to your response. With warm regards, Tanvi ____________________________________ Socio Research & … Continue reading

Posted in FCRA, TAX, LEGAL | 6 Comments

Query- Income Tax- Sec 12A certificate

Dear SRRF members, We have received a new query under Income Tax from Mr. Pushkar Gupta ”An educational Society was registered under Society Act. for carrying the various educational university courses. It has a gross receipts (fee from student) less than Rs 1 … Continue reading

Posted in FCRA, TAX, LEGAL | 1 Comment

Query- Is TDS applicable on fund transfer?

Dear SRRF members, We have received a new query under Income Tax from Mr. Subodh Ram’ CFO- BRLPS Bihar Rural livelihoods promotion society (BRLPS) is World Bank aided project implemented by Govt Of Bihar . Recently BRLPS has got fund … Continue reading

Posted in FCRA, TAX, LEGAL | 6 Comments

Query- Financial transactions to the Donor Agency Project Officer in India

Dear SRRF members, We have received a new query under FCRA from P.Mallikarjuna Reddy’MAHITA- Hyderabad • One of our Europe based donor agency has appointed project officer in Hyderabad to monitor their projects in South India. Since the person doesn’t … Continue reading

Posted in FCRA, TAX, LEGAL | 6 Comments