Itr 7 for religious institution

This query is : Resolved

Abhishek Roy Choudhury (Querist)
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20 February 2016 Dear Sir,
Whether it is compulsory for a religious institution to get registered u/s. 12A/12AA. Also Please tell whether audit is compulsory for a religious institution.

Please suggest at the earliest.

Thanking you,
Abhishek Roy Choudhury.

Gokul Sharma

Gokul Sharma (Expert)
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20 February 2016 If religious trust want to get the exemption of sec 11 and 12 it must have to registered u/s 12AA . AND IS GROSS RECEIPT OF TRUST EXCEED THE MAXIMUM AMOUNT NOT CHARGEABLE TO TAX ie 250000 audit is mandatory.