[Inpycon] Receiving funds from foreign sponsors

[Kenneth Gonsalves]

On Sun, 2011-03-13 at 10:19 +0530, Dhananjay Nene wrote:
> Receiving funds should not be a problem.
> Treating them as tax exempt is a question mark. The CA may well
> request that a certificate of the reason and nature of the remittance
> is required from the bank. If not (since IPSS is a non-profit body),
> that should not be an issue. If required, there's substantial
> documentation necessary. This is best discussed with the bank itself. 

will check with our CA and revert
-- 
regards
Kenneth Gonsalves
http://lawgon.livejournal.com/