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Part B-TI of New ITR-7 requires reporting of the amount accumulated or set-aside for specific purposes Organi ...

The due date for furnishing of “Return of Income” in “Form ITR-7” for A. Y. 2024- 25 ...

The application for changes in Board Members in Form FC-6E can now be filed at FCRA portal even if the previo ...

The New ITR-7 Form mandates furnishing Acknowledgment No. of Audit Report & UDIN from A. Y. 2024-25. Cour ...

Organizations who have submitted wrong Form 10B/10BB on or before 31stOctober 2023 for AY 2023-24 can submit ...

Specific detail of bank account for credit of tax refund is not required in the New ITR-7 Form from A. Y. 202 ...

  The Finance (No. 2) Act, 2024 empowers the PCIT/ CIT to condone delays in filing application ...

The Finance (No. 2) Act, 2024 has inserted a new section 12AC regarding merger of Charitable Trusts or Instit ...

The Finance (No. 2) Bill 2024 has proposed that application under 10(23C) shall not be considered after 1st O ...

The Finance (No.2) Bill 2024 has proposed the merging of two parallel tax exemption regimes for charities int ...

The New ITR-7 Form extends “Schedule IE-1” to entities that were otherwise exempt from submitting ...

The New ITR-7 Form addresses the reporting of the exempted portion of Anonymous Donations from A. Y. 2024-25< ...

The New ITR-7 Form requires reporting of Inter-Charity Donations under ‘Schedule-A’ from A. Y. 20 ...

The CBDT has notified the new Form for Income Tax Return (ITR-7) for the Assessment Year 2024-25.

Due Date for Filing of Form 10BD and 10BE is 31-May-2024

Filing of Form 10AB has been extended till 30-Jun-2024

As per CBDT circular no. 7 of 2024, the filing of Form 10A has been extended till 30-Jun-2024

Any activity carried out by the Trust which is not as per the conditions, subject to which it was registered, ...

The New ITR-7 Form is required to furnish LEI No. & its validity from A. Y. 2024-25, if refund claim ...

Organizations who have submitted wrong Form 10B/ 10BB on or before 31st October 2023 can submit Revised Form ...

Any part of its income applied by Trust for the benefit of any particular Religious Community or Caste is con ...

Any part of Trust income applied for Private Religious Purposes is considered as Specified Violation.

Non-maintenance of separate books of account in respect of the business, which is incidental to the attainmen ...

Principal Commissioner or Commissioner of Income Tax can cancel the trust registrations in specific circumsta ...

Filing of Form FC-4 by 31st December

Funds accumulated for specific purposes shall become taxable, if not applied for such purposes

The last date for filing Annual Return under FCRA, 2010 in Form FC-4 is 31st December. Non-compliance may fac ...

Inter-charity donations can not be made from accumulated funds  

Corpus Donation given by one institution to another institution will not be treated as an application of Inco ...

Any Cash payment above Rs.10,000 or any payment made in violation of TDS provisions is subject to disallowanc ...

Form 10B requires the details of all the Authors/ Founders/ Settlors/ Trustees/ Members of Societies/ Members ...

Keeping books of Account other than registered address, then you need to inform Assessing Officer within 7 da ...

The details of movable and immovable assets/ properties created out of FCRA funds needs to be reported in FC- ...

Which Form is to be filed under Audit Report by your organization – Whether Form 10-B or Form 10-BB?

Income applied on Activities outside India is not eligible for exemption unless ...

Provisional Registration / Approval shall be effective from the Assessment Year ...

As per the CBDT Circular No. 6 of 2023 dated 24th May 2023, the due date of Filing of Form 10AB has extended ...

FCRA department has launched “Helpdesk System” in its web-site where you can submit your FCRA rel ...

Organizations who failed to apply from Provisional to Regular registration in Form 10AB u/s 12AA & 10(23C ...

Organizations who did not apply for registration/ approval in Form 10A u/s 12AA, 10(23C), & 80G can apply ...

The Time Line for Statement of Donation  (10BD) & Certificate of Donation (10BE) for the FY 2022-23 ...

As per the Finance Bill 2023, specified violation u/s 12AB(4) include application with incomplete or contains ...

As per the Finance Bill 2023, Provi ...

As per the Finance Bill 2023, Form 9A & Form 10 should be filed at least two months prio ...

As per the Finance Bill 2023, Organizations cannot claim the benefit of exemption, if they f ...

As per the Finance Bill 2023, only 85% of eligible donations, made by an organization registered u/s 12AB or ...

The Finance Bill 2023 proposed to omit the 2nd, 3rd and 4th provisos of ...

The Finance Bill 2023 proposed that application made out of Loan or Borrowing can only be setoff against ...

The Finance Bill 2023 proposed that application made out of Corpus can only be setoff against future years in ...

The Central Government has specified the compounding limit for non-furnishing of annual return within the due ...

The Central Government has specified the compounding limit for not-maintaining the account & records of F ...

As per the MHA notification dated 1st July 2022 [S.O. 3025(E)], the Central Government has specified the Offence, Pen ...

The Central Government has specified the compounding limit for not intimating about opening of utilization ac ...

The Central Government has specified the compounding limit for not intimating the changes in contravention of ...

The Central Government has specified the compounding limit for not publishing audited accounts on its web-sit ...

The Central Government has specified the pe ...

The Central Government has specified the compounding limit for transferring any Foreign Contribution in ...

Other documents to be kept and maintained under rule 17AA of Income Tax Rule, 1962

Books of account to be kept and maintained under rule 17AA of Income Tax Rule, 1962

Application for revision of Order u/s 32 of the FCRA, 2010 shall be made in electronic form w.e.f. 1st

Time line for filing Form FC-6A, 6B, 6C, 6D and 6E by a FCRA registered entity has been changed to 45 days fr ...

Form FC-6D can be filed by an association registered under FCRA or having Prior-Permission within 45 days fro ...

Any person receiving foreign contribution less than ten lakhs rupees or equivalent in a financial year from h ...

FCRA registered entities need not require to display the quarterly receipts of FC donation on the website

The application for registration or approval in Form 10AB has been extended up to 30th September, 2022.

The Finance Act, 2022 has outlined specified violations for cancellation of 12A registration, if any activity ...

The Finance Act, 2022 has outlined specified violations for cancellation of 12A registration, if separate boo ...

The Finance Act, 2022 has out-lined specified violations for cancellation of 12A registration, if any part of ...

The last date for filing Form 10BD and Form 10BE is 31-May-2022 for FY 2021-22

The renewal application for 12A and 80G registration cannot be filed.

The Finance Act, 2022 has inserted new section where income tax will be charged to 30%.

The Finance Bill 2022 proposes that 12A may be cancelled, if the Income is applied for purposes other than th ...

The Finance Bill 2022 proposes new conditions for Organizations registered u/s 10(23C)

The Finance Bill 2022 proposes cash basis of accounting

The Finance Bill 2022 has proposed new section where income tax will be charged to 30%

Income accumulated u/s 11(2) needs to be invested or deposited as per section 11(2)(b)

Filing of Income Tax Returns & Audit Report in Form 10B for AY 2021 22 is Extended

85% of total Income needs to be applied for Charitable or Religious purposes during the year

Income accumulated u/s 11(2) needs to be disclosed in Audit Report i.e. Form 10B

Expenditure on certain activities are not included as CSR Expenditure

Penalty for late filing of TDS returns

Renewal of existing 12A/80G registrations 

TDS is deducted on Cash Withdrawals

Registration under 12A and 80G is mandatory for CSR implementation

Organization need to follow Employee Provident fund provisions in certain cases  

NGO can invest only in modes prescribed u/s 11(5) of the Act

TDS Certificate need to be issued to Assessee

TDS to be deposited on monthly basis

TDS returns need to be submitted on Quarterly basis  

Payment to Specified Persons needs to be disclosed in Form 10B

Due Date to file form 10B is 30th September

Limit under section 10(23C) has been revised to 5 crore

Inter-charity Corpus donations would not be considered as application of Income

Filing of Belated ITRs can be done till 31st December of Assessment Year

Cash expenses above Rs. 10,000 are disallowed

Anonymous Donation is to be taxed at higher rates

It is mandatory to submit MHA approval letter to SBI

Letter from existing bank needs to be uploaded for filing FC-6C

It is not mandatory to open another FCRA Account

Sale Proceeds from FC Assets

Eligibility for receiving CSR Funds

Statement of Donation

Certificate of Donation

DARPAN is mandatory for a certain category of Organisations

Separate 10A form to be filled for revalidation of 12AB/10(23C)/80G

Renewal of 12A/ 80G/10(23C)

  FCRA Bank Account

NGOs can apply for CSR Grant