Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 10 August 2017
Where the total income of the Trust as computed under the Act without giving effect to the provisions of section 11 and section 12 exceeds the maximum amount not chargeable to tax in any year (The rate applicable is of Individual which is currently Rs. 2,50,000/-), the accounts of the Trust for the year must be audited by a Chartered Accountant and the Trust must file the auditor’s report in the prescribed form No. 10B (Rule 17B), setting forth the prescribe particulars, with the Return of Income.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
