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Foreign Contribution (Regulation) (Amendment) Rules, 1998
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Foreign contribution rules replace Forms FC-1A, FC-3, FC-8, tightening application, registration, disclosure and audit requirements.
The amendment substitutes Forms FC-1A, FC-3 and FC-8: FC-1A for prior permission applications requiring association identity, executive member particulars, donor and project details, designated bank account, audited accounts and declaration; FC-3 as the annual account return with purposewise, donorwise and countrywise receipts, designated bank details and a Chartered Accountant certificate; FC-8 for registration applications with programme details, audited accounts, undertakings on notification of changes, and restrictions on accepting foreign contribution without registration or prior permission.

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Acts Income Tax