27 October 2008
A charitable trust registered u/s 12 A of the income tax act,1961 and enjoying exemption u/s 11 of the said act and if its income before giving exemption exceeds the minimum amount which is not liable to tax has to get the accounts audited by a chartered accountant mentioned in section 288 of the said act and the audit report shall be in form 10 B of the income tax rules,1962.