FCRA Return

S CRA was enacted with the primary purpose of regulating the inflow of foreign contributions and ensuring that the received foreign contributions are not utilized for illegal purposes. All Individual,  Society, Section 8 Company, Trust, NGO, charitable organizations in India which receiving foreign contributions need to obtain approval under this Act.

 FCRA is a consolidating act whose scope is to regulate the acceptance and utilisation of foreign contribution or foreign hospitality by certain individuals or associations or companies and to prohibit acceptance and utilisation of foreign contribution or foreign hospitality for any activities detrimental to the national interest and for matters connected therewith or incidental thereto.

We, Compliance Hands,a team of more than 50 qualified professionals like CA, CS, Advocates etc, having experience of more than 5 years of handling task like this and have completed more than 2000 projects. We ensure are the all the compliance on time and you can carry on your business without any hiccup.

Applicability of FCRA Annual Return:
1. Every person who receives foreign contribution under the Act shall submit annual report accompanied by an income and expenditure statement, receipt and payment account, and balance sheet for every financial year to the Secretary to the Government of India, Ministry of Home Affairs, New Delhi. 16.
2. A ‘NIL’ report shall be furnished even if no foreign contribution is received during a financial year.
Types of Annual Return:
Type of Return
Whom to File
Due date
FC-4
Every organisation which receives foreign contributions
upto 31st Decemberof every year
Penalty:
FCRA is silent about consequences for delay in filing FC-6. It can be constructed that an NGO would stand the risk of losing the FCRA registration if it does not file returns properly but whenever an NGO is not able to file FC-6 by 31st December, it should write a letter to the FCRA office explaining the circumstances causing the delay. Normally FCRA authorities condone such delay in filing of returns.

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FCRA Return

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