when(income limit) trust is required to get it's books of account get audited as per I.T.act and as per bombay public trust act?
trust is not registered u/s 12a...but only registered under bombay publis trust act
Menu
audit of trust
Replies (3)
Trust is required to be audited if it is registered under section 12A as per Income tax
Or if its turnover exceeds the turnover as per 44AD
Or if it is special mentioned in trust deed then it should get its accounts audited
For More Info Visit
mytaxfiling.in
Can I open a trust register for buying and selling property instead of co-operative society . Is it necessary to to have a charitable purpose for opening a trust.
Can I open a trust register for buying and selling property instead of co-operative society .
Recent Threads
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responsible for paying GST Liability (If th
- Excess Payment on RCM
- AOC4 auto population of previous year data
Related Threads
CAclubindia
