Foreign contribution
This query is : Resolved
amit.kulkarni
(Querist)
21 February 2013
hello
a trust based in india wants to receive foreign donations. what permissions r required under d income tax act ?
thanks in advance
a trust based in india wants to receive foreign donations. what permissions r required under d income tax act ?
thanks in advance
Soumitra Basu
(Expert)
22 February 2013
For getting permission to receive foreign donation you shall have to get permission from Ministry of Home Affairs as per Foreign Contribution and Regulation Act.
amit.kulkarni
(Querist)
22 February 2013
Thank u mr. Basu. Is there some other way thru cbdt approval till required steps r undertaken under fcra ?
Soumitra Basu
(Expert)
24 February 2013
You have to apply to Chief Commissioner of Income Tax for getting registration under section 12A so that you get the exemption on all of your donation received.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst credit note by supplier
- Movement of goods by packers and movers - type of sale - Reg.
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Missed uploading GST Invoice
- Query on effect of registration of property
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
