Category Archives: FCRA, TAX, LEGAL

Foreign Contribution Regulation Act

Dealing with situation when an NGO has both PP & Registration

Dear Sir, How to deal a situation when you have a Prior permission FCRA account and also the organisation received a permanent registration. Do we need to file two separate Annual return or it can be mergered into one return. … Continue reading

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Resolution of Ford Foundation’s working in India

Resolution of Ford Foundation’s working in India In April last year, Ford Foundation was put on ‘watch list’ by MoH. It created a huge stir within the NGO community as well as in diplomatic relations considering the clout of Ford … Continue reading

Posted in FCRA, TAX, LEGAL | 6 Comments

Mandatory Disclosure on Website

Annual audited FCRA accounts Rule 13 (a): Earlier NGOs receiving more than Rs 1 crore were required to put up a summary of receipts & payments on their website, however the amended rule requires that all NGOs to display audited … Continue reading

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A favorable Taxation decision for tax assessment of Trusts

We summaries below some important decisions taken by Banglore ITAT in the case of Dy Dir of IT (Exempt.), Circle 17(2), Banglore vs Ohio University Christ College, Academy for Management Education [2015(12) TMI 42- ITAT Banglore]. Academy for Management Education … Continue reading

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Latest Annual Return (FC-4) Practical Problems: Disclosure of Foreigners

Dear Members Warm greetings from New Delhi! As per the new FC-4 Return, following is to be shown: “Total number of foreigners working (salaried/honorary capacity)” Who all are to be included in the term “foreigners”? NRI or PIO holding Foreign … Continue reading

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Latest Annual Return (FC-4) Practical Problems: Local Sources

Dear Members Warm greetings from New Delhi! As per the new FC-4 Return, following is to be shown separately: “Foreign Contribution received during the financial year: (i) Directly from a foreign source (ii) as transfer from a local source” Earlier … Continue reading

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Proposed Changes in definition of Foreign Source

Proposed Changes in definition of Foreign Source Comments invited by 20th January 2016 Comments being asked for changes in definition of Foreign Source, which would take out all those companies registered in India with more than 50% share capital held … Continue reading

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Administrative Expenses – Query

Dear Sir, I am a frequent visitor of your blog SRRF. It is a great source of resources. Couple of times I interacted with you through emails and even posted some questions and answered for others’ queries too. In the … Continue reading

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Feedback Report – Legal Compliance Workshop for NGOs 17 Dec 2015

FEEDBACK REPORT Legal Compliance Workshop for NGOs [Thursday, 17th December 2015, India International Centre (Annexe), 40 Max Mueller Marg, N. Delhi – 3] Dear Friends with a special Hello to all the Participants who attended the workshop. We thank all … Continue reading

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Annual Return filing date extended to 15th March 2016

Annual Return filing date extended to 15th March 2016 Vide a notice of 22nd December 2015, FCRA Dept has extended filling date of Annual Return (now under FC4) to 15th March 2016. This has been done to allow FCRA users … Continue reading

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