Monthly Archives: October 2023

FCRA Notice asking to file Annual Returns already filed.

Dear Sir, We have received a notice from FCRA department asking to file Annual Returns for some previous years.However, we have been regular in filing the returns within due date and all these returns are also appearing on the FCRA … Continue reading

Posted in FCRA, TAX, LEGAL | 1 Comment

How to show depreciation in FCRA Annual Return

Dear Sir,Greetings! We are in the process of filing FCRA Annual Return and facing a challengeto update the forms related to list of Movable and Immovable Assets. In the pop up window ( screenshot given below ), we have only … Continue reading

Posted in FCRA, TAX, LEGAL | 3 Comments

Is Foreign Hospitality issue applicable to Public servent?

Dear Sir, We are in a dilemma in interpretation of two terms under the amended FCRR 2011. A hypothetical case is presented here: 1. A person XYZ is an employee of organisation ABC which is registered Trust/Society. S/he is invited … Continue reading

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‘Persons of Substantial Contribution’ to be disclosed who have contributed during the FY under consideration

CBDT has clarified that while filling Form 10B & 10BB, details are required to be given of those persons who have contributed substantially. Present language in the Form defines ‘persons who have made a substantial contribution’ as any person whose … Continue reading

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