Category Archives: FCRA, TAX, LEGAL

Foreign Contribution Regulation Act

Producer Companies —— (3)

In this series on Producer Company, the following post covers status of various Producer companies as being practiced in India. The data has been collated for information of SRRF Dialogue members from search on Internet. Hope the members would find … Continue reading

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Producer Companies —— (2)

In this series on Producer Company we bring the legal aspect of formation.  Introduction The concept of Producer company was introduced in May 2002 by introducing a new Part IXA in the Companies Act. The provisions from S. 581A – … Continue reading

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CSR Provisions under Clause 135 in Companies Bill passed by Lok Sabha

In a positive development for the Sector, Lok Sabha has passed Companies Bill 2011. The Bill includes provision for a mandatory 2% CSR contribution by the companies. Clause 135 requires that every company which fulfills any of the following criteria … Continue reading

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Interest on loans – is it commercial activity?

Dear Friends, Greetings from CWS! I have the following query: 1. We are providing drip irrigation kits to farmers wherein there is a subsidy component of 50% from the Agriculture Department, Govt of AP, contribution from farmers and CWS contribution … Continue reading

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Large number of NGOs not filing FCRA Annual Return

Large number of NGOs are not filing Annual Return as per data released by FCRA Department. 18507 (FY 2009-10 : 16855) FCRA registeredNPOs have not filed their annual return for the financial year 2010-2011. Highest number of NPOs belong to … Continue reading

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ISSUES RELATED TO TDS REFUND

Dear Sir/Madam Due to non-availibility of PAN in the records of the bank, the bank made TDS @ 20%. In Form16A, PAN of deductee says ‘PANNOTAVAILABLE’ stating the Q-TDS Return has been filed without giving the credit to the PAN … Continue reading

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Restrictions on Political Activities for NGOs

Dear Members, Under which section of the IT Act, Indian Trust Act and FCRA 2010, a registered Public charitable Trust is prohibited to influence/fund the political activity ? Looking forward to receiving your opinion. Regards, Shekar

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Is FCRA required for foreign individual Donors?

Hi, We are a very small org working using sports to combat gutkha addiction among slum youth. A lot of school and college mates settled out of India would like to donate sums like U.S. $ 100 or U.K. L … Continue reading

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Filing of FCRA (FC-6) Retrun

Dear Sir/Madam Kindly let us know if FC-6 pertaining to FY 2011-12 is to be submitted manually & online both or only manual filing is sufficient. Regards Anutam

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FCRA Order quashed by High Court

To the anguish of all those NGOs whose FCRA registrations have been cancelled. We bring to you some hope. Madras High Court has quashed FCRA cancellation orders of two NGOs, Rural Uplift Centre and Good Vision, both based in Kanyakumari, … Continue reading

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