Socio Research & Reform Foundation

Dear Members,

I have a query under Foreign Contribution (Regulation) Act, 2010.

A company whose business is to provide low cost greenhouses to small and marginal farmers has received grants from a foreign Bank. The nature of the amount received is in the form of ‘Grants’ and therefore, no consideration has been provided by the Indian Company to the Grantor.

Please clarify if the above would require the approval or prior permission under Foreign Contribution (Regulation) Act, 2010.

Appreciate your inputs in this regard.

Regards, Ranjitha

Dear Sir/Mam,
Thanks a lot for the information about USG installation.

I like to know another information. The Non FC registered Trust has no capacity to buy USG machine, but the facilities is needed in the area as there is no government facility for USG. Can the Trust give place to FC registered organisation to install the machine in Trust’s health center? Please let me know whether there is any   way to provide  USG service to rural community. Because  FC organisation has no suitable space for installation but it can help the trust by giving a machine.With best regards.

Samir Kr. Halder

Dear Members,

I would like to get expert opinion on the following case: can quote the clause if mentioned in the FCRA 2010.

Can petty cash (less than INR 5,000) be redeposited at the impressed/utilization bank account every month; the cash was withdrawn from the same bank account.

Looking forward to hearing from you,

Ajaya Paik

Dear Members,

I would like to know whether a FCRA Registered social organisation can by Ultra Sonography Machine(USG machine) with foreign donation and can offer that USG machine to a health center needed most  run by a Charitable Trust which is not registered under FCRA.
Please help me to know detail proceedings.

With best regards.

Samir Kr. Halder

Dear Sir,  

This is Sourav Ghosh from Delhi, I have a query regarding the FCRA utilization account. Is it possible to transfer fund to Grant Partner i.e,  another NGO main FCRA designated account from our organization FCRA utilization account.   I will be highly obliged to you if you please respond by question.   Thank you for your support and cooperation.  

Regards,  

Sourav

Sirs,

In such a case, is it necessary to change the bank account number and name of the bank registered with the FCRA division of Ministry of Home affairs? Please advise.

Regards,

Vidya Sagar Devabhaktuni

President, SKG Sangha
Muneshwara Nagar
Antharagange Road
KOLAR – 563 101
Karnataka State, INDIA

Dear Sir/Mam,

We sought guidance/ suggestions regarding the following queries in case of Trust established vide duly executed Trust Deed:-

1. Whether the Trust can receive donation from Trustees towards Corpus in Cash of > Rs. 2,000/- ?
2. Whether donations received by the Trust towards building fund is liable to Tax? as the Trust is not registered u/s 12A?     

We assume that this being capital receipts is not liable to tax.

Swayam Jyoti Sharma

Dear Sir,

I would request you if you can provide information about the provisions of FCRA and other laws related to a person who is a foreign citizen of Indian origin with an OCI card retired and moved to India to start an NGO from his personal savings working abroad: 

1. Will the money he contributes to start and run his NGO be in violation of FCRA act. 

2. Can that person be on the board of the directors and member or trustee? 

3. Can such person receive donation from his friends and family who are OCI holder settled abroad? 

4. Can such NGO get special permission to receive foreign funds? Can his NGO receive donations in Indian currency from visiting foreign national volunteers not Indian origin volunteers?

5. Can he use his NRO or NRE bank account in India to fund his NGO? 

6. Does it make in all above cases if the person acquired the Aadhar Card (by law an OCI holder can get Aadhar after stay in India for 182 days in the last one year). 

Can you please help me answer the questions that my NRI friend had inquired?

Thanks Aman T 

Requirements for filing applications for re-validation of S.12AA / 80G /S.10(23C) which was to be applied between 1^st June – 31 August has now been extended to 1st October 2020 to 31^st December 2020.

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Socio Research & Reform Foundation (NGO)                       
512 A, Deepshikha, 8 Rajendra Place, New Delhi – 110008

Dear Sir,

It was proposed in the budget about re registrations of NGO’s under 12AA & renewals of 80G. Is there any guideline released by Income tax Dept in this reg
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Thanks & Regards

Abhijeet