Daily Archives: March 19, 2013

Debt as FC

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

Posted in FCRA, TAX, LEGAL | 1 Comment

Transfer outside India

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

Posted in FCRA, TAX, LEGAL | 2 Comments