An NGO collects donation through a Payment Gateway on its website.
However, the gateway transfers the amount to the NGO after deducting their commissions from each donation, but the 80G certificate is issued for the full amount on behalf of the NGO.
I want guidance regarding what amount is to be shown as receipts in the FCRA Quarterly Return, the amount paid by the donor or the amount received by the NGO.
PARV & Co.
New Delhi
CA Inter
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Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
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CCI
Pro
CAclubindia
