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Applicability of 10B for trust
whether audit of trust is applicable only of gross receipts exceeds basic exemption limit?
Replies (2)
1. audit is mandatory
2. return filling is Mandatory if gross income exceeds basic exemption limit without giving the effect of sec 11 & 12.
2. return filling is Mandatory if gross income exceeds basic exemption limit without giving the effect of sec 11 & 12.
When it's comes to trust audit is mandatory even if you are less tax limit
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