Monthly Archives: August 2022

Interest earned on Endowment Fund from FCRA Account

Whether Interest earned on endowment fund from FCRA account can be transferred to other account i.e .INR account(non fcra account) for utilizing the same as written in the contract/agreement. However, in the FCRA return we can show the income earned … Continue reading

Posted in FCRA, TAX, LEGAL | 1 Comment

Procedure for making Revision under S.32 now in place

Many organizations who have received adverse order from FCRA and who wish to challenge the same, have little choice except filing a writ petition in the High Court. Going to High Court is both expensive and lengthy, and may not … Continue reading

Posted in FCRA, TAX, LEGAL | Comments Off on Procedure for making Revision under S.32 now in place

Clarification regarding Form 10 AC, 12 A certificate

Sir, Clarification required regarding Form 10 AC, 12 A Certificate for taking up projects under CSR through Implementing partner NGO. Are these certificates Same or are they different Thanks & Regards CSR officer Mugma AreaEastern Coalfields Limited

Posted in CSR | 2 Comments