Is there any new rule for purchase of capital items from FC fund?

FCRA & FCRR
1

Is there any new rule for purchase of capital items from FC fund?

2

Thanks for your query. No, there is no new rule for purchase of capital goods from FC funds. However, as per Notification dated 26th May 2025, details for reporting fixed assets in Annual Return FC 4 has been modified. More specifically, clause 3 (b) (ba) and (bb) wherein location of asset has to be reported now and some additional information is to be shared for immovable assets. The Notification had been shared on PATTIC Forum earlier.

CS Sharad Bhargava

3

You can find the notification mentioned by @Sharad here: Amendments in Reporting Forms under FCRA