When income tax audit required for a trust ??
2 Replies
haridas rao
(73 Points)
Replied 22 November 2021
When income is more than 2.5lakhs then tax audit u/s 44AB through form 10B is required. if the trust is registered under section 12A then compulsory audit is required without considering the above limit.
Rahul garg
(ca final student)
(89 Points)
Replied 22 November 2021
Otherwise no exemptions will be available
Recent Topics
- Can you please explain me the working of tax liabi
- Can a stand alone restaurant opt for tax rate of 1
- Income Tax Query. Capital gain & section 54
- 26 QB - TDS
- Partner remuneration beyond 40 (b) limits
- How to get Professional Tax refund shown in PTRC I
- No GST on Property Redevelopment If Development Ri
- Guide to Closing Private Limited Company
- BUILDER SELLING CONSTRUCTION PROPERTY
- Anoboy latest website for streaming
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
