https://www.taxtmi.com/acts?id=54603 An association is treated as having undertaken reasonable activity for cancellation and renewal purposes if it has utilised foreign contribution of not less than ten lakh rupees in the last two financial years. The term is confined to activity undertaken out of, or by utilising, foreign contribution received in accordance with the Act. en-us Tue, 23 Jun 2026 13:16:49 +0530 Tue, 23 Jun 2026 15:30:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54603 An association is treated as having undertaken reasonable activity for cancellation and renewal purposes if it has utilised foreign contribution of not less than ten lakh rupees in the last two financial years. The term is confined to activity undertaken out of, or by utilising, foreign contribution received in accordance with the Act. Act-Rules FEMA Tue, 23 Jun 2026 13:16:49 +0530 https://www.taxtmi.com/acts?id=54603