Category Archives: FCRA, TAX, LEGAL

Foreign Contribution Regulation Act

Would bank interest be treated as Income of a NGO

Dear Dialogue members, I have a query regarding the income calculation of NGOs while calculating the tax liabilities. Please let me know “if the interest received on the bank deposits/ fixed deposits in an NGOs bank account should be calculated … Continue reading

Posted in FCRA, TAX, LEGAL | 7 Comments

Is donor entitled to insist on conditions?

Dear Friends, Would like to understand the Legal/Statutory basis of a donor NGO, insisting from the Donee NGO 1) Registration under 12 A to receive the Grant 2) Expecting an Auditor Certified Utilisation Certificate for financial closure of the Support. … Continue reading

Posted in FCRA, TAX, LEGAL | 9 Comments

Treatment of FC / LC Accounts under Training programmes

Dear Friends, One Indian Nodal Agency (first recipient) gave foreign funds to another NGO with FCRA (second recipient) for some specified project. The second recipient attended two training courses – one conducted by the first recipient and the second training … Continue reading

Posted in FCRA, TAX, LEGAL | 6 Comments

Difficulties in FCRA approval

Dear Dialogue Members,   We are the Miracle Foundation India that supports children’s homes in India.  We have previously filed and received two prior permissions.  However, it is over a year and half  since our 3rd prior permission has not … Continue reading

Posted in FCRA, TAX, LEGAL | 8 Comments

In View of CSR would foreign controlled Indian companies still be treated as foreign source?

Dear Sir, Many companies in India have foreign shareholding more than 50% due to liberalization of FDI policy. These would be “foreign source” as per section 2(1)(vi) of FCRA. Receipt of donation/contribution by NGO (not registered under FCRA) directly or … Continue reading

Posted in FCRA, TAX, LEGAL | 9 Comments

Change in Registered Office

Dear SRRF partners, kindly give answer to the following query. At the time of registration of a Trust or a Society, all will not have their own buildings for the offices. They will provide the address where the Founder presently … Continue reading

Posted in FCRA, TAX, LEGAL | 1 Comment

Treatment of contribution received for workshop.

Dear Sir, We are organizing a workshop on solid tumor (a type of cancer) in which we are expecting the participants from all over India. We will charge registration fee only. We will do all expenses like providing accommodation, to and fro train … Continue reading

Posted in FCRA, TAX, LEGAL | 2 Comments

Clarification about filing NGO Tax Return

Dear sir, Our NGO registered under societies Act is working since 2005 , We does not take any financial contribution. NGO activities mostly related to awareness building and advocating efficient water use practices & educating primary class students and village … Continue reading

Posted in FCRA, TAX, LEGAL | 5 Comments

Is FIRC necessary, if funding agency based in India?

Dear Sir, If a Funding Agency based in India gives Donation to us in our FCRA Account, since the source of Funding is Foreign based. The transfer of money will be from their FC Account to our FC Account through RTGS. Do we … Continue reading

Posted in FCRA, TAX, LEGAL | 6 Comments

Democratic India must show maturity in dealing with Dissent

For last week or so, media, both print as well as electronic, has been abuzz with how Indian NGOs are trying to sabotage the Indian economy by decelerating economic pace, as if they are the neo Jaichands in the new … Continue reading

Posted in FCRA, TAX, LEGAL | 3 Comments