Validity period for receiving and utilising the foreign contribution through an application of prior permission
Under the FCRA, 2010, every person having a definite cultural, economic, educational, religious or social programme may, if it is not registered with the Central Government under section 1 1(1), accept any foreign contribution only after obtaining the prior permission of the Ministry of Home affairs by making an application in the prescribed format and such prior permission shall be valid for the specific activities or projects for which it is obtained and from the specific source
The Central Government has directed that validity period for receiving and utilising the foreign contribution through an application of prior permission shall be as follows:
(a) The Validity period for receiving foreign contribution shall be 3 years from the date of approval of the application for prior permission.
(b) The validity period for utilising the said foreign contribution shall be 4 years from the date of approval of the application for prior permission.
Further, it has been directed in respect of prior permission applications which have already been approved and where the remaining period of the approved project/ activity in the prior permission is more than 3 years, the above time limit shall be reckoned from the date of issue of this order instead of the date of approval of the application for prior permission.
Notwithstanding the above provisions , the competent authority in the Ministry of Home Affairs may allow for extension in the above mentioned validity period for an association/organisation on case to case basis, based on the merits of the case.
Any receipt or utilisation of the foreign contribution beyond the above said time limits shall be a violation of FCRA, 2010 and in case of any violation, necessary punitive action shall be taken.
Download FCRA Public Notice Click Here >>
CBDT condones delay in filing Form No. 10AB furnished electronically between 01.10.2025 to 31.03.2026. CBDT has condoned the delay in…
Supreme Court expresses serious concerns over AI generated judgments/paragraphs relied upon by the NCLT/NCLAT In a recent judgment, the Hon'ble…
ICAI to take disciplinary action for quoting very low and incommensurate fee by Chartered Accountants As per the announcement made…
NSDL latest e-TDS TCS RPU Version 6.0 from FY 2007-08 NSDL has revised the e-TDS TCS RPU utility for preparing…
Requirement for filing Form 67 for claiming Foreign Tax Credit (FTC) is only directory and not mandatory - ITAT In…
Limitation for invoking revisional jurisdiction u/s 263 with respect to issues not covered in re-assessment would start from the original…