by Audit Analyst | Sep 26, 2025 | Section 8 Company Registration
1. Government & Regulatory Assistance MCA Helpdesk for filing-related queries NGO Darpan Portal (for grants/compliance tracking) Income Tax Department for 12A/80G certification 2. Professional Advisory Services Chartered Accountants for financial audits & IT...
by Audit Analyst | Sep 26, 2025 | Section 8 Company Registration
1. Permissible Fundraising Methods Donations & Grants (from individuals, corporations, or foreign entities) CSR Funds under the Companies Act, 2013 Membership Fees (non-refundable) Government Schemes & Subsidies 2. Legal Compliance Requirements FCRA...
by Audit Analyst | Sep 26, 2025 | Section 8 Company Registration
1. Governing Document Framework Refer to the MoA/AoA clauses on dispute resolution Follow predefined quorum and voting procedures for decisions Enforce conflict-of-interest policies for directors 2. Internal Resolution Mechanisms Mediation by the Governing Board...
by Audit Analyst | Sep 26, 2025 | Section 8 Company Registration
1. Governance & Compliance Oversight Ensure adherence to non-profit objectives under the Companies Act Monitor compliance with statutory filings (MCA, Income Tax, FCRA) Prevent misuse of funds or assets for personal gain 2. Financial Stewardship Review annual...
by Audit Analyst | Sep 26, 2025 | Section 8 Company Registration
1. Non-Profit Mandate Cannot engage in commercial trade for profit distribution All surplus income must be reinvested in charitable objectives 2. Restricted Revenue-Generating Activities Permitted to earn income only through: Donations & grants Membership fees...
