Category Archives: FCRA, TAX, LEGAL

Dear All, Greetings from Hyderabad! This is with reference to the 85% utilization as per the provisions of the IT Act. My query is as under: There are certain projects for which funds are not received in the FY as … Continue reading →

Dear Sir I wanted to know if there is any notification /guideline (other than income tax requirements) regarding full utilisation of grants/ donations received by an NGO. This assumes importance in view of the CSR provisions of Companies Act 2013. … Continue reading →

Dear Friends, Wish you all Happy Tamil New Year Day. Is 80-G mandatory to get CSR funds by a Voluntary Organisation? V.B.Chandrasekaran, Chatti Mahatma Gandhi Aashramam, Chatti Post, Chinthur Mandal, Khammam District, Andhra Pradesh, Pin Code: 507129

Respected sir/friends Please gave your suggestion on Interest received from FCR Account. Actually as per the directions of the funding agency we transferred the amount from FCR Account to General Account (spl account only for those funding agency) for the … Continue reading →

I have now joined another NGO called “Pratham Books” in Bangalore. They are into developing, publishing & distributing children’s books in various languages and promoting reading habit among children. I have a query in this. We receive grants/donations from various … Continue reading →

Please note that there has been some important changes in online filing of FCRA annual return (FC-6). As per FCRA department, now there is no need to submit hard copy of FC-6 to the ministry, you have to upload scan … Continue reading →

Dear SRRF Member, I have query on the topic “Whether Foreign travel expenses allowed under IT Act? One of the auditors says that the foreign travel expense as it is not allowed under section 11 (1). as per IT Act  … Continue reading →

Respected sir Greetings HELP is a NGO working in coastal AP. Recently we received a notice from one person under RTI Act 2005. He asking our about details of funds received from and spending details including each beneficiary name and … Continue reading →

Dear Friends, I have a query on payment of professional fee to a foreign consultant for work done in India: 1. Can this payment be made? 2. What is the procedure for the payment in India? 3. What would be … Continue reading →

Dear Friends, Greetings from Hyderabad! I have come across many organizations which are registered as Societies but the PAN is reflecting the organizations as Trusts. This is based on the 4th letter in the PAN. In case of online filing, … Continue reading →