Dear Sir,
1]What fourth letter in pan depicts as fourth letter is ' L'
2] Is it local body? as assessee carrying NGO and even paid tax last year.
3] Turnover of NGO from Contract receipt from Central Govt more than Rs 1 crore , is NGO liable for 44AB audit , if yes then on whose name digital signature of NGO must be taken as e-filling of ITR and Audit ?
Kindly resolve the query at earliest and thanks for viewing.
1.& 2 L stands for ' Local Authority'
3 Yes, tax audit will be applicable u/s 44AB if NGO carries on business activity.
4. In the name of Principal officer.
Varma Raja & Associates
Thrissur
CA Inter
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N N V Satish & Co.,
Hyderabad
CA Inter
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Shyam S Gupta and Company
New Delhi
CA Inter
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CCI
Pro
CAclubindia
