Category Archives: FCRA, TAX, LEGAL

We have the following query – Can a charitable Trust having 80G and 12AA certificates, transfer funds into a vendor’s foreign account for services rendered outside India, but for a project in India? Would it flout any conditions of the … Continue reading →

There is some confusion regarding consequences of non-renewal before expiry of FCRA Registration Certificate.  Many consider that in such a scenario, concerned entity cannot receive or utilize funds. This is based on reading of Rule 12(5), which is reproduced below: … Continue reading →

Respected Sir, Greetings from Kutch Mahila Vikas Sangathan! Let me in introduce myself, my name is Kamlesh Barmeda, and I have been working with Kutch Mahila Vikas Sangathan (KMVS) since 2007 as Finance Manager, Kutch Mahila Vikas Sangathan (KMVS) was … Continue reading →

Dear Members, I would like to get advice on the following issue. A sporting organisation holding  FCRA  registration has established a health care center PHC type  in rural area in 2007 with foreign support. For the administrative purpose the organisation has … Continue reading →

Dear Members, We have established non profit company under section 8 of Indian companies act 2013. Please let us know whether we should register for 80g and 12a or these two are already incorporated in section 8. Dr.PSR.Sabhapathy

In earlier part we covered changes in Rules relating to Opening of FCRA Account at SBI Main Branch, New Delhi Maintaining another FCRA Account for keeping & utilization of Funds Transfer of funds to other NPOs under S.7 totally prohibited … Continue reading →

FCRA Dept has now extended filing of Annual Return to 30th June 2021. As per the Notice this is done to enable NPOs to comply with following (based on FCRA Public Notice dt 23-11-2020): Opening of FCRA Account with SBI, … Continue reading →

If the Registration has lapsed due to some reason, how do the trust apply again after period of 4 months of expiry is also crossed. Do we open another entry for the MHA site as previous password is not allowing … Continue reading →

Subsequent to amendments in FCRA through FCRA 2020, now the Govt. has brought out several major changes in the Rules. These changes have brought some clarity on earlier changes made in the Act. In this post we cover some of … Continue reading →

Dear Members, I am working in NGO as Finance Manager. And i have some doubts regarding FCRA Administrative Expenses. 1. We had purchased a Vehicle from Mahendra and they have provided loan to Organization. Every month the premium and interest … Continue reading →