Category Archives: FCRA, TAX, LEGAL

FCRA Renewal has been again extended to 30th June 2022. A sigh of relief from the tension, that many of the NGOs who have been waiting endlessly for their renewal process to be completed, however the Dept. is yet to … Continue reading →

A society registered under society act is running a educational institution.It is not yet registered under Sec 12A of Income tax act. In f y 2020-21 its revenue fee receipts from school are less than 1cr and after claiming all … Continue reading →

CBDT has extended the due date for the filing of various reports of audit under the provisions of the Income-tax Act,1961 (Act), in respect of the following compliances: The due date of furnishing of Report of Audit (Form 10B) forNPOs … Continue reading →

Dear Sir,   We have following queries regarding FCRA : 1. Can advances be given to Project staff for expenses to be incurred in the field, If not, what is the remedy when the expenses can not be paid directly … Continue reading →

We are so happy to inform all of you all that Ministry of Home Affairs has extended the validity of FCRA registration certificates to 31st March 2022. It is applicable to all those entities whose registration initially was due to … Continue reading →

Some of you may have heard news that as per a recent decision, Grants are to be covered under GST. SRRF Dialogue examines the case and its implications.  Jayshankar Gramin Va Adivasi Vikas Sanstha, (referred to as JGAVS)an NPO is … Continue reading →

These are uncertain times for most NPOs registered under FCRA. Last time most NPOs FCRA was renewed on 31st Oct 2016 or a date close to it, hence as per rules, FCRA was to expire five years later on or … Continue reading →

The issue of receiving proceeds from non-FCRA sources has always been a prickly issue, as often bankers do not allow remittances from local sources to be deposited in the FCRA bank account. SBI has now started allowing deposit of proceeds … Continue reading →

As many of you, particularly from Maharashtra region, would be aware that each Charitable Trust / Society needs to submit their Annual Return within 15 days after 30th September. However due to Covid, Govt of Maharashtra has been extending this … Continue reading →

Dear Sir, We have received an order giving provisional certificate for 12A and 80G. Could you please advise how long it takes to get the original certificate ?  Or, this would suffice for next 5 years. Best, Wikky