Trust Audit without having 80G & 12A

Somit Srivastava (IPCC) (129 Points)

30 December 2021  

Dear Sir/Madam,

If we have trust registration and we do not have 80G or 12A exemption in this case my total contribution received is Rs 40lac and profit is coming only 14000/- do we need to do audit?

We can file ITR-5 without audit but maintain books of account. Please clarify