Extension of opportunity to NGOs to apply for FCRA registration on filing of ARs

Extension of opportunity to NGOs to apply for FCRA registration on filing of Annual Return  

For non-submission of ARs for the year 2017-18 , FCRA registration of many Associations was cancelled

The Ministry of Home Affairs, in view of representations made by many such Associations vide order dated 18th March 2020, had granted one­time exemption to such Associations from to enable them to apply for registration within 60 days on the condition of submitting missing Annual Returns electronically on FCRA  Portal along with the penalty.

Now, considering the lock down situation arising due to COVID-19 pandemic,  the Ministry has decided that period of 60 days granted to enable the Associations/NGOs to apply for fresh registration after electronic submission of missing Annual Returns on the Portal along with the penalty has been further extended for another 60 days.

Download Order Click Here >>  

• Discontinuance of business of firm will not vest ownership of firm’s property with partners
• Release of seized jewellery/gold u/s 132B within 120 days is directory not mandatory
• ICAI issues FAQs on key accounting implications arising from New Labour Codes
• Deduction u/s 80-IA(7) not allowed for delayed filing of audit report in Form 10CCB
• Is CSR expenditure is allowable under section 80G of Income Tax Act – ITAT says “Yes”