Monthly Archives: January 2020

Purchase of USG machine for Hospital

Sir, Can a non FCRA registered Trust take financial help from FCRA registered organisation for buying USG machine and other equipements for its small hospital having licence from the government?’ Please do reply soon. With best regards.Samir Kr. Halder,

Posted in FCRA, TAX, LEGAL | 1 Comment

Rectifying error in Quarterly returns

Dear Members An Indian entity transferred money to our FCRA account in March 2019. We informed the bank and the funds were returned immediately. While filing quarterly returns the amount has been mistakenly shown as income. Is there a process … Continue reading

Posted in FCRA, TAX, LEGAL | 4 Comments