Trust audit----- urgent reply required.
This query is : Resolved
Querist : Anonymous
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......??????
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......??????
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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