Fc 3 form: what's this?

Originally posted by : Ankit
	What is form FC-3 related to trust??? how do i fill that?? please guide me..?? reply asap.. Ankit Rajgaria

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.