banner_ad

Consolidated trust audit for 10 years

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 February 2012 Dear Sir
One Educational Trust got its Book Audited under Bombay Trust Act in 2001, and since last 10 year it was not in operation, now it want's it's books audited for 10 years so is there any provision to consolidate it because the Interest on saving Bank was the only income in last year 10 years. Please give me any section for consolidation
Profile Image

CA Prashant Gupta

Profile Image

CA Prashant Gupta (Expert)
03 February 2012 You cannot consolidate that. You have to prepare separate audit report for every year even if, it only have saving bank interest.

You can change financial year and cover even 10 year as one financial year but you have to take a approval from registrar and this type of practice will go on. so advisable to prepare separate reports for every year.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details