TMI BlogAdvisory to associations registered/ granted prior permission under FCRA, 2010 to incur expenditure above ₹ 20,000/- by cheque/ draftsX X X X Extracts X X X X X X X X Extracts X X X X ..... d, New Delhi, Dated 21 st October 2014 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 t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er considering the issue, advises all FCRA associations that items of expenditure/ 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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