Category Archives: FCRA, TAX, LEGAL

Foreign Contribution Regulation Act

Which account funds to be deposited on sale of FCRA Property

Dear Members, Require your opinion: If a FCRA certificate holding Society-cum-Trust has obtained permission from the Charity Commissioner to sell its immovable property which was purchased 20 years back from its Foreign funds. Now, the authorized buyer which is a … Continue reading

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Renewal of 12A and 80G Registration

Most NPOs were granted their 12A and 80G registration certificate in the year 2021. ‎These certificates are valid for 5 years (in case of Regular or Final Registration) from the date of registration and renewal will in most cases will … Continue reading

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Major Changes for charitable organisations – ITR-7

Recently CBDT has notified most of the ITRs, after making changes, including ITR-7. These changes were notified on 9-5-2025. Major changes are highlighted below: 1. NPOs need to disclose several new information earlier not asked for in their ITR 7 … Continue reading

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Deadline for filing Form 49C extended

Foreign companies with Liaison offices, which till last year were required to file Form 49C within 60 days from year-end can now file the same in eight months from the year-end, i.e. by 30th November. This has been done vide … Continue reading

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Recent Amendments in FCRA Forms (Notification GSR 342E dt 26-05-2025)

This amendment has been brought to bring into rules (through Notification) various changes brought in by FCRA Dept through a Checklist brought in by FCRA Dept for submitting various documents at the time of applying for registration. Important ones are … Continue reading

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Difficulty in FC-4 return filing for FY 2024-25

Dear Members, I believe by this time at least some of the FCRA registered organisations would have started filing their FC-4 return for FY 2024-25. When I tried to file the return of an organisation, I found some difficulties in … Continue reading

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New Income Tax Bill 2025 provisions summarised for NPOs

Govt has brought out new Income Tax Bill 2025 to replace Income Tax Act 1961. While the overall Bill has a large number of provisions, SRRF has made a summary of impact of changes proposed in the new Bill for … Continue reading

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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

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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

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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

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