15/02/2026
Can You Get FCRA by Depositing Your Own Money? | 1 Crore Fake Turnover vs. Reality
Many NGO trustees believe a myth: "If I show a high bank balance or turnover (e.g., ₹15 Lakhs to ₹1 Crore), I will easily get FCRA approval or CSR funds."
To achieve this, some people deposit and withdraw their own money (rotating ₹10,000 daily) to create a fake transaction history. In this video, I explain why this is a huge mistake.
What You Will Learn:
✅ The Turnover Trap: Why rotating your own cash does NOT count as charitable activity.
✅ FCRA Reality: The Ministry checks for real social work, not just bank entries.
✅ Income Tax Danger: How these deposits can be treated as "Unexplained Cash Credits" (Section 68) or profitable business income, leading to tax penalties and loss of 12A.
✅ The Right Way: What documents you actually need to prove your activity.
Watch this before you make a deposit that could get your NGO in trouble!
📢 Consultation & Legal Support:
For 12A, 80G, FCRA, and NGO Compliance:
R. Gnanasekar (Tax Consultant)
📞 WhatsApp: 7010745342
youtube channel - https://www.youtube.com/