Account of Foreign Contribution: annual reporting requirement detailing receipt, utilisation, assets, bank accounts and compliance affirmations. Form FC-4 requires annual disclosure of opening and closing foreign contribution balances, donor-wise and purpose-wise receipts (direct foreign and local transfers), income derived from foreign contribution, and detailed utilisation including project-wise expenditure, administrative expenses subject to prescribed limits, creation and purchase of movable and immovable assets, transfers to other associations, term deposits and designated FCRA and utilisation bank account particulars. The form mandates compliance affirmations, responses to specified compliance questions, and a Chartered Accountant certificate attesting to audited balances, maintenance of records under section 19 and rule 17, and identification of any violations.
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Account of Foreign Contribution: annual reporting requirement detailing receipt, utilisation, assets, bank accounts and compliance affirmations.
Form FC-4 requires annual disclosure of opening and closing foreign contribution balances, donor-wise and purpose-wise receipts (direct foreign and local transfers), income derived from foreign contribution, and detailed utilisation including project-wise expenditure, administrative expenses subject to prescribed limits, creation and purchase of movable and immovable assets, transfers to other associations, term deposits and designated FCRA and utilisation bank account particulars. The form mandates compliance affirmations, responses to specified compliance questions, and a Chartered Accountant certificate attesting to audited balances, maintenance of records under section 19 and rule 17, and identification of any violations.
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