Category Archives: FCRA, TAX, LEGAL

Dear Sir, It was proposed in the budget about re registrations of NGO’s under 12AA & renewals of 80G. Is there any guideline released by Income tax Dept in this reg—Thanks & Regards Abhijeet

En masse Inspections by Govt Further to our last post on this subject (http://blog.srr-foundation.org/?p=3860), it is now clear that FCRA Dept has issued notices en masse to a large number of NPOs, with large amount of funds under FCRA. These … Continue reading →

Notices under S.23 of FCRA Act. 2010 It has come to our knowledge that currently several International NGOs are receiving notices from FCRA Department for various reasons including inspection under S.23 of FCRA Act 2010. This seems to be first … Continue reading →

Dear friends, I request your guidance on the following query. If an NGO ( Grantee) has 12 A certificate but does not have 80 G certificate, and if the same NGO is getting donation / grant from an 80 G … Continue reading →

Dear Friends, Season’s greetings! Those who opt for new income tax slabs have no incentive to donate for charitable purposes. Is it not? Do corporates get exemption on CSR spending? If yes, why do they insist on recipients to have … Continue reading →

Budget Proposals: NPO Taxation In today’s post, proposals relating to registration requirement for New NGOs are covered. NEW NPOS S.12AA/S.80G/S.10(23) Earlier any NPO wanting to apply for registration under S.12AA or S.10(23C) could do so anytime. Generally once granted approval, … Continue reading →

All NGOs need to reapply for 12A / S.80 G certificates EXISTING NGOS Budget 2020 has brought bad news to all non-profit organizations, everyone would need to reapply for renewal of 12AA & 80G and S.10(23C) certificates. Let’s deal with … Continue reading →

Sir, Can a non FCRA registered Trust take financial help from FCRA registered organisation for buying USG machine and other equipements for its small hospital having licence from the government?’ Please do reply soon. With best regards.Samir Kr. Halder,

Dear Members An Indian entity transferred money to our FCRA account in March 2019. We informed the bank and the funds were returned immediately. While filing quarterly returns the amount has been mistakenly shown as income. Is there a process … Continue reading →

Dear Sir, We have a registration under the FCRA act. We want to close an existing utilisation bank account. Is it necessary to take any prior permission from FCRA Department of the MHA? Or is it necessary to intimate the … Continue reading →