3. Do Not Deviate from the Purpose of the Grant
- Make sure while getting FC funds that the purpose is crystal clear for what purpose it is received.
- Make sure that you used this funds for the very specific purpose.
- And, care should be taken that, this specific purpose should even reflect in the books of accounts, FC Annual Returns and Annual Reports. You can use cost-category features in Tally to separate projectwise grant and expenses as mentioned in my blog here.