Extension of validity of FCRA Registration Certificates expiring during the period between 29th September 2020 & 31st December 2021 up to 31.12.2021
As per section 12(6) of the Foreign Contribution (Regulation) Act, 2010, registration certificate granted once is valid up to five years from the date of its issue.
the Foreign Contribution (Regulation) Act, 2020 has amended the Section 16(1). In continuation of the Home Ministry’s Public Notice dated 12th January, 2021 and 18th May 2021 has further extended the validity of FCRA Registration certificates which are expiring during the period between 29th September 2020 & 31st December 2021 up to 31.12.2021.
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- Prima facie satisfaction u/s 148 can not be a non-existing or incorrect information
- Mutual Funds to value physical Gold and Silver by using the polled spot prices
- SC allows simultaneous CIRP proceedings against principal debtor & corporate guarantor
- Merely because sales were declared for only one month, same cannot be treated as bogus
- ITAT deleted addition as method of accounting had been accepted in earlier years
