Need of fcnr number
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 January 2012
my client has received a cheque in foreign currency as a donation towards trust. but my client does not possess fcnr number with him. Is fcnr number necessary for clearing the cheque or he can clear it without that number?
CA. Anuj Gupta
(Expert)
15 January 2012
It is mandatory for any Indian Trust to obtain prior approval before receiving any donation from outside India.
Anuj
+91-9810106211
femaquery@gmail.com
Anuj
+91-9810106211
femaquery@gmail.com
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