11 July 2014
A charitable trust which is registered under Societies Act 1860 & Bombay Public Trust Act having gross income Rs.250000/- which audit provisions are applicable? If trust has not obtained registered under Section 12A of Income Tax Act whether it is required to file Audit Report in Form 10B?
11 July 2014
Thanks Sir, But I want to know the provisions about audit of a trust which has gross income exceeding the amount which is not chargeable to tax & the trust has not obtained registration under section 12AA.