The Central Government has specified the compounding limit for not publishing audited accounts on its web-site in contravention of section 19 & 37 and Rule 13(a).
As per the MHA notification dated 1st July 2022 [S.O. 3025(E)], the Central Government has specified the Offence, Penalty & Officer for compounding the offences under the FCRA, 2010. Details about one of the offence is given below:
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Offence |
Failure to place the audited accounts on its official web-site or web-site as specified by the Central Government within the prescribed time. |
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Description |
The person having FCRA registration or FCRA prior-permission and not uploaded the audited Balance Sheet, Receipts & Payment A/c and Income & Expenditure A/c on its official web-site within 9 months of the close of the respective financial year can apply for compounding of offence. |
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Penalty |
Ten Thousand rupees for each violation. |
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Officer competent for compounding |
Director, or as the case may be, the Deputy Secretary in-charge of the section responsible for the administration of the Act. |
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