02 January 2018
The most important point which is to be covered in the case of the audit of a Trust or a Charitable Institution is, about the genuine use of the donation ,whether the objects covered in the trust deed are met by allocating the amount for the same objects ...to check whether it has the certificate issued by IT dept regarding 80g..whether there are proper invoices for the allocation of the donation, there is any expenditure which is against the objective of the trust,, whether the money has been utilised for getting own vehicles in the name of trust and not used for meeting the obejective,,, section 11,12, is to be covered and other things would be common.