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Question ID : 35832

Audit of society

Sir, An educational society is not registered U/S 12AA of IT Act and its gross receipts are 135 lacs . is it required to be audited U/s 44AB of IT Act and which form of ITR is to be filled.

Posted by RAM KUMAR SARASWAT on Oct 06, 2018

Filed Under AUDIT

Answer ID : 74970

Even if registration u/s.12AA is not obtained audit under section 44AB is required in this case. ITR-7 is to be filed.

Posted by CA. chunauti dholakia on Oct 09, 2018