Audit

https://taxworry.com/charitable-trustis-filing-audit-report-mandatory/

Tax Audit will be applicable to a Trust if their turnover in business exceeds the prescribed limit (Presently Rs.100 lakhs w.e.f. A.Y.2013-14) because section 44AB nor any other provisions of the Act stipulate exemption from the compulsory tax audit to any person whose income is exempt from tax.

Trusts having annual income of Rs. 15,000 or less are exempt from audit from Bombay Public Trust Act, 1950.