Tax audit for coaching class-trust
This query is : Resolved
16 September 2014
Dear All,
One of my client formed Trust with intention of conducting education & research for children affected by Dyslexia. Whose collection (Fees collected from kids) for the year 2013-14 crossed INR 25 Lakh.
Request you to let me know Tax audit applicable for the year 2013-14 or not.
and also why?
One of my client formed Trust with intention of conducting education & research for children affected by Dyslexia. Whose collection (Fees collected from kids) for the year 2013-14 crossed INR 25 Lakh.
Request you to let me know Tax audit applicable for the year 2013-14 or not.
and also why?
Nikhil Kaushik
(Expert)
16 September 2014
is the trust registered under section 12A?
Nikhil Kaushik
(Expert)
17 September 2014
then audit wont be under 44AB but under section 12a(b). refer Form 10B
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