Dear Sir/madam,
Kindly clarify if a Trust/non profitable organization doesn't have any transaction for the last 3 years does it still need to prepare financial statement and upload it in the "Attachments" Tab of Form 10A.
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***12A REGISTRATION-FINANCIAL STATEMENTS***
Replies (5)
Quick Summary
Yes certainly
Yes if available
What should i fill in the financial statements if everything is zero? if the trust didn't prepare the balance sheet and p&l at all what to do in such case
Need to submit at least one year Financials
Pray to Lord Jesus that trust should prepare financial statements even if there's no business activity during a FY!
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