Trust audit


This query is : Resolved 

11 June 2011 which act. covers trust audit if trust is non-profit making organisation?

Ravikant (Expert)
11 June 2011 Indian Trust Act 1882, as may be modified by respective State Governments

13 June 2011 A trust has to get its accounts audited under section 12A(b) of the Income Tax Act and obtain an audit report in Form 10B under rule 17B of Income Tax Rules from an auditor.


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