Can Section 25 company accept donation from foreign parties?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 February 2010
Dear Sir,
A Section 25 company is in the process of obtaining registration u/s 80G as per Income Tax Act, 1961.
Can it accept donations from foreign parties under FCRA ? If yes, then what is the procedure for registration under FCRA and what formalities need to be complied with ?
A Section 25 company is in the process of obtaining registration u/s 80G as per Income Tax Act, 1961.
Can it accept donations from foreign parties under FCRA ? If yes, then what is the procedure for registration under FCRA and what formalities need to be complied with ?
CA. Anuj Gupta
(Expert)
15 November 2011
Please go through the detailed procedure prescribed under FCRA Act,2010.
Anuj
+91-9810106211
femaquery@gmail.com
Anuj
+91-9810106211
femaquery@gmail.com
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