Monthly Archives: April 2022

Responsibilities of an NGO on receipt of Donations

Till FY 2020-21, all donors who gave donations to NGOs, could claim tax benefit under section 80G on the basis of self declaration and attachment of a receipt issued by the NGOs receiving donations. The receipts normally have details of … Continue reading

Posted in FCRA, TAX, LEGAL | 3 Comments

FCRA Queries

Sir, I would like to receive clarification for the below points: a)        As a society having FCRA registration can we help other Institutions ( not belonging to us or neither registered with FCRA) acquire assets like Computers, Vehicle etc., … Continue reading

Posted in FCRA, TAX, LEGAL | 1 Comment

Mandatory compliance requirements postponed

Accounting Software with Audit Trail: All companies are now required to maintain accounting system, which has audit trail. The Govt. has amended Companies (Audit & Auditors) Rules 2014. Requirement, which the companies were earlier required to comply effective 1-4-2022, now … Continue reading

Posted in CSR | 1 Comment