On Mon, 2011-03-14 at 17:36 +0530, Ramdas S wrote:

No this is not hawala. Hawala involves no billing and the money comes as black (in cash). Here the entire transaction will be clean. Worst come case, we can pay 10.3% for service tax.

hawala basically means this: I have to pay Y in delhi. I pay X in Ooty X pays Y in Delhi. perfectly legal and very common in the older days when banks were not all that reliable. (there is also the black type of hawala). But the point here is that the courts may take it as us trying to get foreign contributions through the back door. Or are we going to do this without any record? It is just not worth it. And authorities are very very sticky when it comes to non profits. And the office bearers will get it in the neck. -- regards Kenneth Gonsalves http://lawgon.livejournal.com/