Here's your latest dose of insights from the PATTIC forum! We've highlighted some recent questions from the community that might be useful for your organization.
- How to make EPF payment when salary is split between FC and Local funds?
While two EPF challans for a particular reporting period can be made, reconciliation and credits becomes a challenge. The general practice is... View the full post here. - Does new FCRA rule apply to newsletters too?
If an organization is applying for FCRA registration and if its objects includes publication or it is into publication, an undertaking to be furnished regarding compliance with Section 3(g) of FCRA 2010. Further, If the publication is registered with... View the full post here. - How to write off old or unusable fixed assets from balance sheet?
The suggestion is to dispose such assets if it has value or sell as scrap. The difference between the realized value i.e. cash which is recorded in books and net block for such assets will be recognized as... View the full post here. - TDS under Section 194J and FCRA changes related to admin expenses:
For the purposes of this clause, “fees for technical services” means any consideration (including any lump sum consideration) for the rendering of any managerial, technical or consultancy services (including... View the full post here. - How to charge depreciation on fixed assets for NGOs?
Fixed Assets are not expensed off in I&E Account but capitalized in account books. Depreciation rates as prescribed in Income Tax are to be applied for charging depreciation for each year. The Fixed Asset schedule will... View the full post here.
Looking for more? Check out the forum or begin your own discussion below:
Compliance dates for the remainder of June 2025:
20th June: GSTR 3B under monthly scheme
22nd June: GSTR 3B under QRMP for Category X states
24th June: GSTR 3B under QRMP for Category Y states
30th June: Annual Impact Report by entities registered/listed on Social Stock Exchange
30th June: ROC Filing - Deposit Return/Non-Deposit Transactions for Section 8 Company
View full calendar for FY 2025-26 here.
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