Monthly Archives: August 2014

Dear Dialogue members, I have a query regarding the income calculation of NGOs while calculating the tax liabilities. Please let me know “if the interest received on the bank deposits/ fixed deposits in an NGOs bank account should be calculated … Continue reading →

Dear Friends, Would like to understand the Legal/Statutory basis of a donor NGO, insisting from the Donee NGO 1) Registration under 12 A to receive the Grant 2) Expecting an Auditor Certified Utilisation Certificate for financial closure of the Support. … Continue reading →

Dear Friends, One Indian Nodal Agency (first recipient) gave foreign funds to another NGO with FCRA (second recipient) for some specified project. The second recipient attended two training courses – one conducted by the first recipient and the second training … Continue reading →

Dear Dialogue Members,   We are the Miracle Foundation India that supports children’s homes in India.  We have previously filed and received two prior permissions.  However, it is over a year and half  since our 3rd prior permission has not … Continue reading →

Dear Sir, Many companies in India have foreign shareholding more than 50% due to liberalization of FDI policy. These would be “foreign source” as per section 2(1)(vi) of FCRA. Receipt of donation/contribution by NGO (not registered under FCRA) directly or … Continue reading →