Category Archives: FCRA, TAX, LEGAL

Foreign Contribution Regulation Act

Transfer of FCRA funds from the utilization account to the FCRA main account

Dear Sir/Madam, I am writing here to get some clarity on FCRA funds. One society is having 2 FCRA bank accounts one utilization account in PNB(This was the old receipt and utilization account) which is currently the deemed utilization account. … Continue reading

Posted in FCRA, TAX, LEGAL | 3 Comments

Use of FCRA funds remaining in FC accounts after FCRA certificate has been suspended / cancelled or deemed to Cease

MHA has come out with a clarification through a Public Notice dt 21-1-2025, that once a FCRA registration is suspended or cancelled, they cannot use FCRA funds lying either in Designated Bank account or Utilization bank Accounts. While in case … Continue reading

Posted in FCRA, TAX, LEGAL | Comments Off on Use of FCRA funds remaining in FC accounts after FCRA certificate has been suspended / cancelled or deemed to Cease

Amendments in FC4 (wef 1-1-2025)

FCRA Form FC4 has been amended vide FCRA Amendment Rules 2024. These amendments are summarised below. SRRF Dialogue Comment: Above changes reflect two major developments. —Socio Research & Reform Foundation (NGO)                       512 A, Deepshikha, 8 Rajendra Place,New Delhi – 110008

Posted in FCRA, TAX, LEGAL | 1 Comment

Two important notifications received from MHA

Regarding refund of TDS pertaining to foreign contribution received in non-FCRA bank account can be transferred to FCRA bank account…(click here for notification) Administrative expenses can be carried forward to the next year…(click here for notification) —Socio Research & Reform … Continue reading

Posted in FCRA, TAX, LEGAL | Comments Off on Two important notifications received from MHA

FCRA Validity extended to 31-03-2025

Validity of FCRA registration has been extended till 31-Mar-2025 vide a Public Notice issued by the FCRA (Director) on 27th December 2025. Thus all those NGOs whose FCRA had been earlier extended till 31-Dec-24 because their renewal application was pending … Continue reading

Posted in FCRA, TAX, LEGAL | Comments Off on FCRA Validity extended to 31-03-2025

Is FCRA registration mandatory to invite foreigners as volunteers in a NPO?

Namaste Sir, Greetings of the day! We have been going through the blogs of Socio Research & Reform Foundation regarding FCRA.  We are Anatta Sangha Trust registered as a charitable public Trust under Indian Trusts Act 1882. We want to … Continue reading

Posted in FCRA, TAX, LEGAL | 1 Comment

Can a NRI be on the Board of a NPO having FCRA?

Dear Sir/Madam, I got your contact information from your website and have a quick question. Thank you so much in advance for your advice. Best regards, Seshu

Posted in FCRA, TAX, LEGAL | 4 Comments

Implications if a Trust does not renew its 12AA registration

Hope this email finds you well and in good health ! I want to understand the following: We have 12A registered entity that does not plan to apply for upcoming renewal in 2025-26 and continue to file ITR as AOP.  What … Continue reading

Posted in FCRA, TAX, LEGAL | 2 Comments

FCRA Bank A/c in different name than the Organisation

Dear Sir, Recently whilst doing financial review of a foundation I came across the following: Organisations legal documents such as 12 AA Registration, Society registration document, PAN, and all other documents were in the name of XYZ foundation. Organisation is … Continue reading

Posted in FCRA, TAX, LEGAL | 1 Comment

Relaxation for filing Audit Report – Form 10B/10BB for AY: 2023-24

AY 2023-24In case your NPO has still not filed Audit Report in Form 10B/10BB for AY 2023-24 (i.e. FY 2022-23), which was required to be filed by 31-3-2024, can breathe easy and file the same by 10th November 2024. CBDT … Continue reading

Posted in FCRA, TAX, LEGAL | Comments Off on Relaxation for filing Audit Report – Form 10B/10BB for AY: 2023-24