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Trust audit----- urgent reply required.

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 December 2011 Dear sir,
In case of trust audit form 10B. ( Annexure of income for charitable or religious purpose) which amount should be entered in 1st point of annexure (i.e either income or expense)....

1ST point is) Amount of income of the previous year applied to charitable or religious purposes in india during year......??????
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
28 December 2011 Amount of expenses applied towards charitable purposes from current years income has to be specified in 1st clause.
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