Category Archives: FCRA, TAX, LEGAL

Foreign Contribution Regulation Act

FCRA Dept is sending notice to almost 10,000 organisations for failing to file FCRA returns

Posted on October 4, 2014 by SRRF

FCRA Dept is in the process of sending notices to as many as 10,000 organisations all over India who have not filed their annual returns during any financial year during FY 2009-10, 2010-11 & 2011-12. It is asking organisations who … Continue reading →

Posted in FCRA, TAX, LEGAL | Tagged | 3 Comments

Can we deposit refunds from travel agent in to FCRA A/c?

Posted on September 27, 2014 by SRRF

Dear Sir, I had the opportunity to attend one of your seminars recently Ahmedabad. I am writing this mail seeking clarification on one of the matters concerning FCRA. We recently made a booking through a travel agent for an FCRA … Continue reading →

Posted in FCRA, TAX, LEGAL | 3 Comments

Applicability of Service Tax

Posted on September 22, 2014 by SRRF

Dear Sir, My organization is working in Orissa on disaster management. We availed services from one agency (local based) and their total bill throughout the financial year crossed Rs. 14 lakhs . Agency is not claiming the service tax. Please let me … Continue reading →

Posted in FCRA, TAX, LEGAL | Tagged | 2 Comments

Can balance funds of project be returned to foreign source from fcra by bank transfer

Posted on September 13, 2014 by SRRF

Dear Friends, Can balance funds of project be returned to foreign source from fcra bank account via wire transfer. Kindly advise. Thanks, Regards, Arvind Balamkar Finance Associate for TeachForIndia

Posted in FCRA, TAX, LEGAL | 4 Comments

Payment to All India Radio from FC Funds

Posted on September 12, 2014 by SRRF

Following query received form Ms. Surabhi Agarwal: Dear Sir, Greetings We have planned a programme on Violence against women and wish to broadcast this on All India Radio. Please suggest whether this activity can be done through FC grants. Regards … Continue reading →

Posted in FCRA, TAX, LEGAL | 6 Comments

Payment of TDS through local account

Posted on September 8, 2014 by SRRF

Dear Sir, We pay TDS as mentioned below in three steps: 1. TDS deducted in FCRA books of a/c and paid through FCRA designated bank a/c into a local account. 2. TDS deducted in Local books of a/c paid through … Continue reading →

Posted in FCRA, TAX, LEGAL | 8 Comments

Would bank interest be treated as Income of a NGO

Posted on August 29, 2014 by SRRF

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?

Posted on August 25, 2014 by SRRF

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

Posted on August 19, 2014 by SRRF

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

Posted on August 7, 2014 by SRRF

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