Poonawalla fincorps
Poonawalla fincorps

Can Section 25 company accept donation from foreign parties?

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 February 2010 Dear Sir,

A Section 25 company is in the process of obtaining registration u/s 80G as per Income Tax Act, 1961.
Can it accept donations from foreign parties under FCRA ? If yes, then what is the procedure for registration under FCRA and what formalities need to be complied with ?

15 November 2011 Please go through the detailed procedure prescribed under FCRA Act,2010.

Anuj
+91-9810106211
femaquery@gmail.com



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