Advisory to associations registered/ granted prior permission under FCRA, 2010 to incur expenditure above 20,000/- by cheque/ drafts

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..... 14 Circular Subject: Advisory to associations registered/ granted prior permission under FCRA, 2010 to incur expenditure above ₹ 20,000/- by cheque/ drafts During the course of inspection of records and accounts of the associations registered/ granted prior permission under Foreign Contribution (Regulation) Act, 2010 from time to time, it has been observed that some associations withdra .....

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..... xpenditure/ payments amounting to ₹ 20,000/- or more should be done by cheque/ demand drafts. 4. It is also informed that the records and accounts of Associations indulging in cash payments of ₹ 20,000/- or more from FC designated accounts or Utilisation Accounts are likely to require more intensive scruntiny by Government. 5. This issues with the approval of Competent Authority. (G .....

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