Audit of ngo


This query is : Resolved 

25 January 2016 Is audit of NGO compulsory or not if yes in which circumstances and conditions applicable.

Arpit Shah (Expert)
25 January 2016 https://taxguru.in/income-tax/faqs-related-income-tax-provisions-charitable-trust-ngos.html

04 October 2021 Audits are required for public trusts under trust laws
or as files formed under the Societies Registration Act
or as companies ed under of the Companies Act 1956.
The act itself requires the NGO receiving a foreign contribution to get books of account audited by chartered accountants.


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