What is form FC-3 related to trust???
how do i fill that?? please guide me..??
reply asap..
Ankit Rajgaria
Deepak Gupta
(CA Student)
(15922 Points)
Replied 22 December 2011
| Originally posted by : Ankit | ||
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What is form FC-3 related to trust??? how do i fill that?? please guide me..?? reply asap.. Ankit Rajgaria |
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What is FC-3?
The Annual Return of Foreign Contribution
If a foreigner or foreign agency gives you any funds or material (including assets) as a grant, it is known as ‘foreign contribution’. Form FC-3 is a disclosure of all such grants. It also gives details of utilisation of such funds.
Who should file FC-3?
FC-3 should be filed by organisations that are registered under FCRA or have obtained prior permission to receive foreign funds.
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