Monthly Archives: May 2022

Can excess FCRA fund be returned back to the donor?

Posted on May 14, 2022 by SRRF

Dear SRRF Team, I am writing to inquire if any excess funds donated to an FCRA account can be transferred back to the donor? I am a foreign citizen who had partnered with an FCRA approved Indian non-profit to implement … Continue reading →

Posted in FCRA, TAX, LEGAL | 4 Comments

Lease of Land and Building made  by Foreign Fund

Posted on May 13, 2022 by SRRF

Dear Members, I like to know whether the building and assets made by foreign donation collected by an organisation holding FCRA can be given to another organisation on lease basis. Whether lease or rent is permissible by the Ministry of … Continue reading →

Posted in FCRA, TAX, LEGAL | 3 Comments

Can a NRI transfer fund to NGO not having FCRA registration?

Posted on May 5, 2022 by SRRF

Sir, I have a query that our NGO BRWAS is Registered Under Societies Act 1961, WB (Not FCRA Registered) A NRI servicing in Singapore. He wants to transfer money for development of School in India .Can he transfer from his … Continue reading →

Posted in FCRA, TAX, LEGAL | 8 Comments

Form 10BD/10BE – Complications

Posted on May 2, 2022 by SRRF

Thanks for providing information on 80G donations which is really helpful. I have following further queries: 1. Do we need to report all the donations and grants i.e. FCRA and Local or only Local?2. If FCRA also then what do … Continue reading →

Posted in FCRA, TAX, LEGAL | 13 Comments