FCRA Alert-31st December 2025 is the due date for filing Annual Return for FY 2024-25

FCRA & FCRR
1

Friends,

Form FC-4 filing deadline is approaching and is 31st December 2025 for FY 2024-25 for FCRA registered entities. Here are the key changes in FC-4 made by MHA which will apply while reporting in FC-4 for FY 24-25

  1. In clause 3(b), (ba) and (bb), location of movable and immovable fixed assets is to be reported
  2. In newly inserted clause 4(iv), carry forward of unutilised administrative expenses has to be reported in table provided. Please remember carry forward of unutilised admin expenses had been permitted from 1.1.2025. Please note that ceiling of 20% admin expense is to be calculated on FC receipts during the year and not on expenditure/utilization. The numerator is admin exp. and denominator is FC receipts which is non-negotiable for reporting. MHA by default has shown Brought Forward of allowable unutilized admin expenses as 0 for FY 24-25.
  3. In clause 9, details of CA issuing the certificate is to be provided
  4. Format of CA certificate now requires CA to report receipt and utilization by project and greater responsibility has been cast on the CA while issuing the certificate.

CS Sharad Bhargava

1 Like
2

This is very useful update. Thank you

3

many thanks for useful information.

I have a query regarding the filing of FC-4 for FY 2024-25. Under Point 3 – Details of Utilization of Foreign Contribution (Receipt during the year) – what amount should be filled?

Should it be:

1. The actual receipt? (In this case, the balance does not match), or

2. 80% of the actual receipt? (Since 20% admin is shown separately), or

3. Actual receipt after deduction of administrative expenses?

4. Or is there any other correct approach?

Kindly guide us.

4

Given the design of Table 3(a) of FC4, option 3 is to be exercised. Reduce admin exp from receipts in col 6 which means FC receipts in Table 2 and Table 3(a) will not match but the balance in col 10 of Table 3(a) will match with unutilised FC balance which matters.
Also only program exp is to be reported in col 8 of table 3(a) since admin exp is to be separably reported in Table 3(a)(ii). Hope it clarifies.
CS Sharad Bhargava