Poonawalla fincorp
Poonawalla fincorp

Need of fcnr number

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 January 2012 my client has received a cheque in foreign currency as a donation towards trust. but my client does not possess fcnr number with him. Is fcnr number necessary for clearing the cheque or he can clear it without that number?
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
15 January 2012 It is mandatory for any Indian Trust to obtain prior approval before receiving any donation from outside India.

Anuj
+91-9810106211
femaquery@gmail.com

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