IS AUDIT COMPULSORY FOR THE NGO, WHAT IS THE LIMIT, CONSEQUENCE IF AUDIT NOT DONE? WHAT IS THE SLAB RATE FOR NGO?
Dinesh Mertiya
(PROFESSIONAL)
(761 Points)
Replied 01 August 2016
Audit of NGO is subject to applicable act (formation of NGO according to Act)
Generally NGO is not engaged in business so tax audit is not applicable
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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