Audit of educational institution
This query is : Resolved
20 May 2015
There is a School, whose annual receipts are greater than Rs. 1 Crore.
And also the School is not registered under Section 12A.
Hence, school can neither claim exemption u/s 10(23C) not u/s 11 and 12.
Accordingly school has not claimed any exemption.
Is there a need for School to get its books of accounts audited? If yes then under which section?
And also the School is not registered under Section 12A.
Hence, school can neither claim exemption u/s 10(23C) not u/s 11 and 12.
Accordingly school has not claimed any exemption.
Is there a need for School to get its books of accounts audited? If yes then under which section?
20 May 2015
section 44AB please................
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