Hi friend
I would like to ask about file the income tax return and audit is necessary of "Ganesh Mandal,temple. under any act of india.
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 19 June 2011
I THINK IF YOU WANT TO CLAIM EXEMPTION ON PROFIT UNDER INCOME TAX ACT , THAN AUDIT IS COMPULSORY.
OTHER WAY TO KNOW ABOUT AUDIT WOULD BE RECEIPTS OF YOUR MANDAL. IF IT EXCEEDS THE CEILING LIMIT THAN AUDIT WILL ALSO BE COMPULSORY
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)