9911796707
TMI Blog2021 (7) TMI 523X X X X Extracts X X X X X X X X Extracts X X X X ..... R-3 Respondent Through Mr. Farman Ali, Sr. Panel Counsel with Mr. Jatin, Govt. Pleader and Mr. Athar Raza Farooquei, Adv. O R D E R (Video-Conferencing) CM APPL. 19078/2021 in W.P.(C) 6031/2021 1. Exemption allowed, subject to all just exceptions. 2. The application is disposed of. W.P.(C) 6031/2021 1. Issue notice to show cause as to why rule nisi not be issued, returnable on 3rd Septemb ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -4 Form, whereunder returns, regarding contributions received by beneficiaries under the Foreign Contribution Regulation Act, 2010 ("FCRA") are required to be filed. The petitioners are recipients of foreign contributions in accordance with the protocol set out in the FCRA. It is asserted, in the petition, that the petitioners are possessing valid incorporation certificates and FCRA registration c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt, and is also required to be certified by an officer of the bank. 6. Section 12 of the FCR (Amendment) Act, 2020 amended Section 17 of the FCRA and, by virtue of said amendment, foreign contribution can be received only in a branch of the State Bank of India (SBI) located at New Delhi, to be specified by notification by the Central Government. 7. In tandem with this amendment, para 7(a) of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ontributions were received were not in the SBI, till 7th October, 2020. As a result, the petitioners submit that it has become impossible for them to submit the return under FC-4 Form for the year 2019-2020. 10. It is further submitted in the petition that, though the petitioners represented in this regard to the respondent on 15th June, 2021, the problem continues. 11. The difficulty being face ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
