FCRA Registration

FCRA Registration & Fund for NGO
FCRA registration and a good FCRA status, both are compulsory to access any foreign funds by NGOs working in any part of India. But, due to lack of communication infrastructure, many NGOs find it hard to maintain the good FCRA status as well as in accessing FCRA funding.
Foreign Contribution Regulation Act As you may be aware, the Government of India has amended the Foreign Contribution Regulation Act in last year. The Foreign Contribution (Regulation) Act, 2010 has come into effect from May 1, 2011    Here are few salient from the new FCRA act:   “Association” means an…
FCRA (Foreign Contribution Regulation Act) – 2010
The Foreign Contribution Regulation (FCRA) Bill 2010 has been recently passed by both Houses of the Indian Parliament, the ‘Good’, the ‘Bad’ and the ‘Ugly’ aspects of this. Good • Charitable organizations will be allowed to maintain multiple bank accounts for management and utilization of FCRA funds provided only one bank account is maintained…
Under Section 6 of FCRA, it is clearly provided that any organisation having a definite cultural/ social/ educational/ religious/ economic object shall only accept foreign contribution after satisfying two conditions : (i) It must registers itself with the Central Government.(ii) It must agrees to receive foreign contribution only through one…


35 1&2

Where an assessee incurs any expenditure by way of payment of any sum to a public sector company or a local authority or to an association or institution approved by the National Committee for carrying out any eligible project or scheme, the assessee shall, subject to the provisions of this section, be allowed a deduction of the amount of such expenditure incurred during the previous year.

35AC Registration

35AC Registration is a very different thing compare to FCRA registration, 12A registration and 80registration. 35 AC is section of Income Tax. To register as 35 AC organisation application should be submit our project proposal to National Committee. After evaluation of project report the committee approve or disapprove the project.


10 (23c)

The trust shall apply its income or accumulate the same for application wholly and exclusively towards the objects for which it is established as per deed of rectification dated 8-9-2009 and, in case more than fifteen per cent of its income is accumulated, the period of accumulation of the same shall in no case exceed five year, as required in clause (a) of the third proviso to section 10(23C) of the Act.

501 c3

501(c) organization, also known colloquially as either a 501(c) or a “nonprofit“, is anAmerican tax-exempt nonprofit organization. Section 501(c) of the United States Internal Revenue Code (26 U.S.C. § 501(c)) provides that 29 types of nonprofit organizations areexempt from some federal income taxes. Sections 503 through 505 set out the requirements for attaining such exemptions. Many states refer to Section 501(c) for definitions of organizations exempt from state taxation as well.