Category Archives: FCRA, TAX, LEGAL

Dear Members, Can you please let me know  1. if it is permissible to receive money from a foreign source towards the payment of school fees (of a semi orphan) considering the fact that the recipient school does not have … Continue reading →

SRRF is happy to inform all SRRF Dialogue members, particularly who have been anxiously waiting for their FCRA renewal, that FCRA Dept has extended the validity of existing FCRA registration certificates upto 30-09-2023. This is applicable to all those who … Continue reading →

As many of you would know that from current FY (FY22-23 ~AY 23-24) NPOs will be allowed application under S.11 on payment basis, i.e., any payment not made, and accounted as liability will not be allowed as application. Therefore it … Continue reading →

Dear Sir ‎There is amendment in the law that if the donation is paid to other registered trusts / ‎institution, only 85% of such donation shall be treated as application for charitable / religious ‎activities.‎ ‎Can you please explain little … Continue reading →

  SC provides clarity on ‘Charitable Purpose’ under S.2(15) on clause relating to General Public Utility   Asst. CIT (E) v Ahemdabad Urban Development Authority 2022 (143 taxmann.com 78 (SC) ~ Order dt 3-11-2022)   SC has clarified law relating … Continue reading →

—Socio Research & Reform Foundation (NPO)                       512 A, Deepshikha, 8 Rajendra Place,New Delhi – 110008.

As we all know, FCRA rule 17 requires that every FCRA registered NPO must submit Financial Statements of Balance Sheet, Income & Expenditure and Receipt & Payment alongwith the Annual return (FC4). Generally most NPOs submit FCRA financial statements, however … Continue reading →

As per latest FAQ issued by FCRA Dept., a company incorporated in India will not be treated as ‘foreign source’, even if it has operations in more than two countries. To see latest FAQs please visit https://fcraonline.nic.in/home/PDF_Doc/fc_faq_04102022.pdf It may be … Continue reading →

CBDT has extended the last date for filing of audit report of Charitable Organization (NPO)  for the AY: 2022-23 to 7th October 2022. Earlier it was to be filed by 30th September. (click here for CBDT Notification) —Socio Research & … Continue reading →

It is a happy news for all in the NPO Community that MHA has extended FCRA registration validity by six months to 31st March 2023. This is applicable to all those who applied before the due date i.e. before expiring … Continue reading →