Ad Free CAclubindia and Daily Updates on your Mobile. Subscribe Now!

Income tax_trust

CA ASPIRANTS (Article) (155 Points)

03 November 2012

We have a registered trust in Mumbai,the trust was registered for last 4 years and not much activity done as per trust deed as donation was not received to that extent, now one of the client abroad willing to pay donation, can we receive the same if yes what is the quantum of amount we can take, what is the procedure ? do we have to inform the charity commissioner or take prior permission. Please clarify?

Reply
Follow
Share

5 Replies

CS RAJESH C.CHOUDHARY (ASSISTANT MANAGER) (14607 Points)
Replied 03 November 2012

You must have permission from Min.of Home Affairs under FCRA to receive donation from a foreign country.

It is against law to receive donations from foreign parties without FCRA approval.

For one time donation you can obtain pre-permission from MHA for one time exemption.

If donation is recd. the same should be locked in FD pending approval and should not be used.

Regards,

RAJESH CHOUDHARY

Upgrade to CAclubindia Pro. Subscribe Now!

CS RAJESH C.CHOUDHARY (ASSISTANT MANAGER) (14607 Points)
Replied 03 November 2012

You must have permission from Min.of Home Affairs under FCRA to receive donation from a foreign country.

It is against law to receive donations from foreign parties without FCRA approval.

For one time donation you can obtain pre-permission from MHA for one time exemption.

If donation is recd. the same should be locked in FD pending approval and should not be used.

Regards,

RAJESH CHOUDHARY

ruthjplain (MBA) (21 Points)
Replied 03 November 2012

SIP Softphone

The facility of making and receiving calls directly from the desktop computer or a laptop makes the voip technology and SIP Softphone software much popular in the business world. Now one can make and receive calls even while doing some work on their computer. The clarity of audio and the marginally low call rate has made this technology to eliminate the traditional telephone network from the business desks. There are various voip software provider companies who are providing quality and robust SIP Softphone that can provide numerous other advance features other than just sending and receiving calls. They also let user to make customization according to their use and look while purchasing this software.

When it comes to the voip facility with mobility the SIP Softphone is what gets the upper hand than the landline voip phone. You can use the voip calling facility anywhere in the world by using the internet and a SIP softphone installed in your laptop or mobile phone. You don't need to stick to your desktop to use the voip calling facility like as with the voip landline phone.

https://www.adoreinfotech.com/softphone.html