Category Archives: FCRA, TAX, LEGAL

Sir, Money transfer from our foreign donor by mistake has been sent to another organization’s FC account as the wire transfer carried the other organization’s details instead of ours. How do we go about correcting this? Is it enough if … Continue reading →

My Quarry is that We are a small part of a big group called Rotary Dist. 3010. Do we need to register ourselves on behalf of the individual capacity of our club. In every individual Rotary Club The President is … Continue reading →

Hi What are the criteria for a trust to apply / get FCRA…please guide us….. ???? Your’s Sincerely Ravi Bhushan OMABM Foundation

Dear Sir, We are having exemption u/s 35 AC for specific one project. We want to know after completion of the project can we transfer asset from project to the organization? Regards, Sushma Bhonsale Head – Accounts Deepak Foundation Within … Continue reading →

My Query is: If a NGO organize a workshop with the help of foreign organisation and the funds that comes through them in NGO’s bank (which has no FCRA) Will it be considered as a donation? The foreign organisation has … Continue reading →

Dear Friends, Greetings from CWS! I have a query on debt. The query is: Can a secured or an unsecured debt be treated as FC money? If yes, under what circumstances? Thanks and regards, _____________________________________ B V Soma Sastry Director … Continue reading →

Dear All, Greetings from CWS, Hyderabad! While I was browsing the website of SRRF, I came across a presentation which had the following 4 points. Grants to NGOs outside country Grants to sister concerns outside country Payment for procurement of … Continue reading →

Dear dialogue member, We are a delhi based NGO. We have to apply for FCRA registration but our problem is one of our board member is away from Delhi for one year. He is doing MBA there. If we apply … Continue reading →

Respected Sir, I draw your kind attention towards query we have faced regarding FCRA Project Account.As per the new act organization should open a multiple account under main fcra designated bank account to utilise fc money for relevant project and … Continue reading →

Recently a case came to light where an NGO who had an e-payment facility on its website was asked to shut down the same. When the matter was taken up with the Banker, it was stated that since the NGO … Continue reading →