Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Audit report form requirements for charitable and religious trusts depend on income threshold, foreign contribution, and overseas application of income. Audit reports for a trust or institution required to be furnished under section 12A(1)(b)(ii) must be filed in Form No. 10B where the trust's total income, computed without applying sections 11 and 12, exceeds five crore rupees during the previous year, where any foreign contribution is received during the previous year, or where any part of the income is applied outside India during the previous year. In all other cases, the audit report must be furnished in Form No. 10BB.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Audit report form requirements for charitable and religious trusts depend on income threshold, foreign contribution, and overseas application of income.
Audit reports for a trust or institution required to be furnished under section 12A(1)(b)(ii) must be filed in Form No. 10B where the trust's total income, computed without applying sections 11 and 12, exceeds five crore rupees during the previous year, where any foreign contribution is received during the previous year, or where any part of the income is applied outside India during the previous year. In all other cases, the audit report must be furnished in Form No. 10BB.
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