Patna consultants provides FCRA registration services, FCRA return filing services, FCRA compliance services in Patna. FCRA registration is getting entrance from Government of India upon Foreign Contribution. FCRA Act, manage receipt of foreign contribution. We will provide you everything important suggestion about FCRA in this article in brief.
FCRA Registration In Patna
Trust, society, section 8 companies receives funds or donation from external India. They required to obtained FCRA registration. FCRA registration means registration under regulation of foreign contribution Regulation Act. For FCRA registration NGO (nonprofit organization) must have existence of at least 3 years even though making of FCRA registration application. For specific purpose later educational, social, cultural etc foreign contribution granted. Trust or Society or Section 8 companies should not traditional any foreign contribution without prior approbation of Central Government. Organization should preserve all books of accounts and verification of income and expenditure. Books duly audited by Charted Accountants.
Advantage of FCRA Registration
- Income of the Registered Nonprofit Organization get income tax rebate.
- Donor can affirmation exemption.
- Providing gain in taking grants from Government or Abroad.
- Compliance as soon as FCRA act
- Providing liberty from non compliance of this Act.
- Providing security in foreign contribution.
- Saving from penalties of FCRA act.
How to gain FCRA Registration
- Documents preparation.
- Online filing of FCRA registration.
- Certificate issued by Department.
Documents Required for FCRA Registration:
- Copy of registration endorse or completion of Trust / Society /Section 8 Company.
- Copy of audited accounts statements of last 3 years.
- Copy of Bank statements.
- Pan Card of organization.
- Details of whatever members of the organization.
FCRA registration is fully based upon online process. Business entities should spend at least Rs. 10, 00,000 in last three years in its aims and objects. In FCRA registration business entity not found guilty in any diversion or miss utilization of funds. Organization does not violate any rules of this act. It is good for all nonprofit organization. You no need to visit our place. Send us anything documents through emails. All documents should be self attested by members. We will pull off your work. You can pay our press on online.