TaxTMI 
TaxTMI 
TaxTMI 
Audit report under section 12A(b) of the Income-tax Act, 1961, in the case of charitable or religious trusts or institutions
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....ve been maintained at the registered office of the above named fund or trust or institution or university or other educational institution or hospital or other medical institution at the address mentioned at serial number 14 of the Annexure : In *my/our opinion and to the best of *my/our information and according to explanations given to *me/us, the particulars given in the Annexure are true and correct subject to following observations or qualifications- (a) ......................... (b) ......................... (c) ......................... In * my/our opinion and to the best of * my/our information, and according to information given to * me/us, the said accounts give a true and fair view- (i) in the case of the balance sheet, of the state of affairs of the above named * fund or trust or institution or university or other educational institution or hospital or other medical institution as on __________;and (ii) in the case of the Income and Expenditure account or Profit and Loss account, of the income and application or profit or loss of its accounting year ending on ........ subject to the following observations/qualifications- (a) ......................... (b....
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.... Date -------------------------- ------------------- Signed Accountant! Notes: 1. *Strike out whichever is not applicable. 2.!This Report has to be given by- i. a chartered accountant within the meaning of the chartered Accountants Act, 1949 (38 of 1949); or ii. any person who, in relation to any State, is, by virtue of the provisions of sub-section (2) of section 226 of the Companies Act, 1956 (1 to 1956), entitled to be appointed to act as an auditor of the company registered in that State. 3. Where any of the matters stated in this Report is answered in the negative, or with a qualification the report shall state the reasons for the same. ANNEXURE STATEMENT OF PARTICULARS I. Application of income for charitable or religious purposes 1. Amount of income of the previous year applied to charitable or religious purposes in India during that year. --------------------------- 2. Whether the trust/institution* has exercised the option under clause (2) of the Explanation to section 11 (1)? If so, the details of the amount of income deemed to have been applied to charitable or reli....
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.... --------------------------- 2. Whether any land, building or other property of the *trust/institution was made, or continued to be made, available for the use of any such person during the previous year ? If so, give details of the property and the amount of rent or compensation charged, if any. --------------------------- 3. Whether any payment was made to any such person during the previous year by way of salary allowance or otherwise? If so, give details. --------------------------- 4. Whether the services of the *trust/institution were made available to any such person during the previous year? If so, give details thereof together with remuneration or compensation received, if any. --------------------------- 5. Whether any share, security, or other property was purchased by or on behalf of the *trust/institution during the previous year from any such person? If so, give details thereof together with the consideration paid. --------------------------- 6. Whether any share, security, or other property was sold by or on behalf of the *trust/institution during the previous year to any such person? If so, give details thereof together with the consideration received....
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..../No 31 Details of registration/provisional registration or approval/ provisional approval or notification of the auditee under the Income-tax Act (details of all the registration/provisional registration/approval/provisional approval/notification which are valid during the previous year should be provided, however where the auditee has got the registration/approval after provisional registration/approval the details of provisional registration/approval need not be provided) Section under which which Date of registered/provisionally registered or approved/ provisionally approved registration/provisional registration or approval/ /notified provisionally approval/ Registration/Approval/ Notification/ Unique Registration (URN), if available No. Authority granting Date registration/provisi onal registration or approval/provisiona (refer note **) notification 1 approval or notification from registration//provisional registration/approval/provi sional approval/notification is effective (1) (dd/mm/yyyy) (2) (3) (4) (dd/mm/yyyy) (5) (a) Details of all the Author (s)/ Founder (s)/ Settlor (s)/Trustee (s)/ Members of society/Members of the Governing Council/ Director (s)/ shareholders holding....
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.... to 13(i) is yes, whether application for registration under section sub-clause (iii) of clause (ac) of sub-section (1) of section 12A or application for approval under clause (iii) of the first proviso to clause (23C) of section 10 has been filed? Yes/No (iv) If yes in 13(iii) above, provide the following details regarding application for registration under section sub-clause (iii) of clause (ac) of sub- section (1) of section 12A or application for approval under clause (iii) of the first proviso to clause (23C) of section S.No Date Application of Status of registration in pursuance to application (Pending/ Registration granted/Registration cancelled) Date of Registration/Cancellation based on such application (dd/mm/yyyy) Whether the books of account and other documents have been kept and maintained in the form and manner and at such place as prescribed under rule 17AA by the auditee Yes/No URN such registration of (i) (ii) Provide the following details of the books of account and other documents S. Nature of Whether No Books of maintained by the Whether maintained in a Whether maintained If maintained at any place other than the registered place Whether the books of account hav....
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....d gains from any business as referred in seventh proviso to Clause (23C) of section 10 or sub-section (4A) of section 11, as the case may be Yes/No If yes, then provide the following details of such business: Yes/No (a) Nature of Business (ii) (b) Business Code (c) Whether separate books of account have been maintained for the business Yes/No (d) (e) Whether the business is incidental to the attainment of the objects of the auditee Profits and gains from the business during the previous year Yes/No Amount in Rs. Voluntary contributions TDS on receipts [à¤à¤¾à¤— II – खणà¥à¤¡ 3(i)] 19. à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण Details of the receipts of the auditee on which tax has been deducted at source referred to in sections 194C or 194J or 194H or 194Q: S. No. Name of the TAN of deductor deductor Amount on which tax has been deducted at source (In Amount of tax Section under deducted at source which tax has been deducted at source Rs.) Category of income/receipt Trade, commerce or business (Rs.) Activity of rendering any service in relation Others (specify t....
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....ous donation not taxable under section 115BBC on account of applicability of clause (b) of sub-section (2) of section 115BBC Amount in Rs. (d) Other anonymous donations taxable @ 30% under section 115BBC Amount in Rs. (e) Total (a+b+c+d) Amount in Rs. (vii) Any other voluntary contribution not part of Form No. 10BD specify the Amount in Rs. (viii) Total donation not reported in Form No 10BD [23(i)+23(ii)+23(iii)(d) +23(iv)+23(v)+23(vi)(e)+23(vii)] 24. Total voluntary contributions received by the auditee during the previous year [22+23(viii)] Amount in Rs. Amount in Rs. Amount in Rs. 25. Total foreign contribution out of the total voluntary contributions stated in 24 Voluntary Contribution forming part of corpus (which are included in 24) (A) 26. (B) Corpus representing donations received for the renovation or repair of places notified under clause (b) of sub-section (2) of section 80G eligible for exemption under Explanation 1A to the third proviso to clause (23C) of section 10 or Explanation 3A to sub-section (1) of section 11 Corpus donations as referred to in clause (d) of sub-section (1) of section 11 or Explanation 1 to the third proviso to section 10 (23C) eligible for exem....
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....r [if included in (i)(c)] (iv) Amount actually paid during the previous year which accrued during any earlier previous year but not claimed as application of income in earlier previous year Amount in Rs. (v) Amount in Rs. Total amount to be allowed as application [31(i)(c)- 31(iii) +31(iv)] Bifurcation of application in 31(v) into Revenue or Capital (vi) (a) (b) (vii) Amount in Rs. Amount in Rs. Amount in Rs. Amount in Rs. (viii) Revenue Capital Amount invested or deposited back in corpus which was applied during any preceding previous year and not claimed as application during that previous year. Repayment of loan or borrowing during the previous year which was earlier applied and not claimed as application during that previous year during that previous year. Amount to be disallowed from application (ix) (x) (xi) (xii) Amount disallowable under thirteenth proviso to clause (23C) of section 10 or Explanation 3 to sub- section (1) of section 11 read with sub-clause (ia) of clause (a) of section 40 Amount disallowable under thirteenth proviso to section 10(23C) or Explanation 3 to sub-section (1) of section 11 read with sub-section (3) or (3A) of section 40A Donation to any fund or i....
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....ich is chargeable to tax @ 30 % under section 115BBI and the amount of such deemed income? Whether the auditee has any deemed income referred to in Explanation 4 to third proviso to clause (23C) of section 10 or sub-section (3) of section 11 which is chargeable to tax @ 30% under section 115BBI and the amount of such deemed income? Yes/No If yes fill Schedule DI Yes/No If yes fill Amount in Rs. Amount in Rs. Amount in Rs. Amount in Rs. Amount in Rs. Amount in Rs. Amount in Rs. Amount in Rs. (c) (i) Amount in Rs. Schedule AC (i) Whether income accumulated is applied for the purposes other than charitable or religious purposes or ceases to be accumulated or set apart for application thereto Yes/No Amount in Rs. (ii) Whether such income accumulated ceases to remain invested or deposited in any of the forms or modes specified in sub-section (5) of section 11 Yes/No Amount in Rs. (iii) Whether such income accumulated is not utilised for the purpose for which it is so accumulated or set apart during the period referred to in clause (a) of Explanation 3 to third proviso to clause (23C) of section 10 or clause (a) of sub-section (2) of section 11 Yes/No Amount in Rs. (iv) Yes/No Amount i....
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....ount in Rs. Income chargeable under sub-section (4) of section 11 (d) 36. Details of capital asset transferred under sub-section (1A) of section 11 (1) Whether a capital asset being property held under trust wholly for charitable or religious purpose is transferred and the net consideration for which it is transferred? Yes/No Amount in Rs. (2) Whether deemed application is claimed as per clause (a) of sub-section (1A) of section 11 and the amount of such deemed application? Yes/No Amount in Rs. (3) (4) Whether a capital asset being property held under trust in part only for charitable or religious purpose is transferred and the net consideration for which it is transferred? Whether deemed application is claimed as per clause (b) of sub-section (1A) of section 11 and the amount of such deemed application? Yes/No Amount in Rs. Yes/No Amount in Rs. Application of income out of the following sources during the previous year (A) Income accumulated under third proviso to clause (23C) of section 10 or under sub-section (2) of section 11 during any earlier previous year Total Amount +Electronic modes Other than (Rs.) Electronic modes (B) Income deemed to be applied in any preceding year u....
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....œà¤ªà¤¤à¥à¤° : असाधारण 37 (i) Expenditure from the corpus standing to the credit of the trust or institution as on the end of the financial year immediately preceding the previous year relevant to the assessment year for which income is being computed Amount in Rs. (ii) Expenditure from any loan or borrowing Amount in Rs. (iii) Depreciation in respect of an asset, acquisition of which has been claimed as application of income, in the same or any other previous year; and Amount in Rs. (iv) (v) Expenditure in the form of contribution or donation to any person. Capital expenditure Amount in Rs. Amount in Rs. Amount in Rs. (vi) (vii) Amount disallowable under Explanation to sub-section (10) of section 13 or Explanation to twenty second proviso to clause (23C) of section 10 read with sub-clause (ia) of clause (a) of section 40 Amount disallowable under Explanation to sub-section (10) of section 13 or Explanation to twenty second proviso to clause (23C) of section 10 read with sub-sections 3 or 3A of section 40A (viii) Any other disallowance (ix) Total expenditure to be disallowed (i)+(ii)+(iii)+(iv)+(v)+(vi)+(vii))+(viii)) Amount in Rs.....
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....lause (23C) of section 10 or Explanation to sub-section (4) of section 12AB and the amount of such violation (a) (b) Income of the auditee has been applied, other than for the objects of the trust or institution. Whether the auditee has income from profits and gains of business which is not incidental to the attainment of its objectives or separate books of account are not maintained by auditee in respect of the business which is incidental to the attainment of its objectives. Yes/No [PART II—SEC. 3(i)] Amount in Rs. Yes/No Amount in Rs. Yes/No Amount in Rs. (c) Whether the auditee, referred to in clause (a) of sub-section (1) of section 13, has applied any part of its income from the property held under a trust for private religious purposes, which does not enure for the benefit of the public. Yes/No Amount in Rs. (d) Whether the auditee, referred to in clause (b) of sub-section (1) of section 13, has applied any part of its income for the benefit of any particular religious community or caste. Yes/No Amount in Rs. (e) Whether any activity being carried out by the auditee is not genuine or is not being carried out in accordance with all or any of the conditions subject to w....
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....6) ons) (4) n 11(5) as on last day of the previ ous year (10) If corpus donation is of type (i) then whether it fulfills the following conditions Amount applied out of corpus for the purpose other than for which the voluntary contribution was made Contribution or donation to any person; Maintained as not separately identifiable invested or deposited in the forms and modes other those specified under sub-section (5) of section 11. à¤à¤¾à¤— II —–खणà¥à¤¡ 3(i)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण 39 Yes/ Yes/ Yes/ Yes/ No No No No (i) Represen ting donations received for the renovatio n or repair of places notified under 80G(2) (b) on or after 01.04.20 20 (ii) Other than above received - (i) on after 01.04.20 21 (iii) Other or than (i) and (ii) above Schedule FC: Details of foreign contribution Details of the total application from such contribution during the previous Amount In Rs. Nature of foreign Amount of foreign contribution contribution received during received during the previous years year the previous year (In Rs.) (i) orpus (ii) on- corpus To....
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....ovided Dropdowns to be provided Schedule DA: Details of accumulated income taxed in earlier assessment years as per sub-section (1B) of section 11 Assessment year in which the amount referred to in column (4) of schedule DI was taxed Dropdowns to be provided last five previous years beginning from the previous year preceding the current previous year Year of accumulation (F.Y.) Yyyy-yyyy Dropdowns to be provided for last five previous years beginning from the current previous year Yyyy-yyyy Total Yyyy-yyyy Schedule AC: The details of accumulation Yyyy- yyyy Yyyy-yyyy Yyyy-yyyy S. N Year of Date of Amou nt Purpos e of Amo Bal Amo Balan unt anc unt ce Amou nts Amou nt 0. accum ulation furnis accum accum (F.Y.) hing Form 10 ulated ulation appli ed e to taxed avail be in able applie d for applie d for Amount credited or paid to any Balan Amo Amo Amou Amo trust or in the year of for app any for chari lied earlie accum table (3)- r appli catio charita ble or purpos es institution religio other registered under ce amou nt avail able for unt unt nt unt inve inves sted ted or or depos which is not utilise deem ed to be dd/m ulation ог (5) m/yyy y religi ous/ asses smen t n us (6)- pur....
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....es to be, made available for the use of specified person during the previous year, Details of rent for the previous year Details of other compensation for the previous year Nature of asset Address From dd/mm/yy уу To dd/mm/yyy Amount of rent Adequate Nature rent Amount of compensat Adequate compensati y ion on (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) PAN of specified person Schedule SP-c: Details of salary, allowance or otherwise which is paid to the specified person out of the resources of the auditee for services rendered by him during the previous year S. No. Name of specified person Details of payment for the previous year Nature of services rendered by specified person Nature of payment Amount of payment (in Rs) Reasonable amount for services (1) (2) (3) (4) (5) (6) (7) 42 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)] Schedule SP-d: Details of the services of the auditee are made available to the specified person during the previous year? Details of services Details of remuneration for the previous year S. No. Name of specified person PAN of specified person Nature of Value of services made available Actual services made available amount of remunerat....
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....e of specified person in whose favor income or property diverted PAN of specified person Details of Income or property that is diverted Nature of Income or property that is diverted Value of income or property that is diverted (In Rs.) (1) (2) (3) (4) (5) 43 Schedule h: Details of any funds that are, or continue to remain, invested in any concern during the previous year in which the specified person has a substantial interest S No Details of the Concern in which funds are, or continue to remain, invested Details of substantial interest Nature of Name of concern Address of Amount that is or duration of investment during the previous year Nature of investment Income from Name of specified PAN of Nature of Nature specified concern in which funds are continue to remain invested concern continues to remain invested in concern during the year (In Rs.) From dd/mm/yyyy investment person person substantial interest of concern during the year having substantial interest in concern To dd/mm/yyyy in which funds are continue to remain invested Company Others> Schedule other law violation S.no Name of law under which non-compliance has occurred Nature of non- compliance Date of order, direction....
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....pecified in section 269ST, from a person in a day; or in respect of a single transaction; or in respect of transactions relating to one event or occasion from a person during the previous year? Details of Payee Details of Transaction Mode of Repayment S.No Name PAN, if available Address Loan or Amount deposit or any specified advance Please specify mode of receipt [by Cheque Whether Whether Account squared payee, if up? Maximum amount outstanding by cheque By cheque or Bank draft or use of electronic Whether Account Payee if by or bank or bank cheque or bank draft? draft? draft or use of electronic clearing system through a bank account or any other] clearing system through a bank account or nay other mode [à¤à¤¾à¤— II – खणà¥à¤¡ 3(i)] à¤à¤¾à¤°à¤¤ का राजपतà¥à¤° : असाधारण Schedule 269T: Details of repayment of any amount being loan or deposit or any specified advance exceeding the limit specified in section 269T, during the previous year? Details of Payee Details of Transaction S.No Name PAN, if Address available Loan or Amount deposit or any specified advan....
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....istered or approved or provisionally approved one of the following codes shall be selected (details of all the registration/provisional registration or approval or provisional approval or notification which are valid during the previous year should be provided, however where the auditee has got the registration or approval, after provisional registration or approval the details of provisional registration or approval need not be provided): Section S. No Code (1) (2) (3) Clause (a) of sub-section (1) of section 12AB of the Act Clause (b) of sub-section (1) of section 12AB of the Act Clause (c) of sub-section (1) of section 12AB of the Act 1 2 3 (4) (5) (6) (7) Clause (i) of second proviso to clause (23C) of section 10 of the Act Clause (ii) of second proviso to clause (23C) of section 10 of the Act Clause (iii) of second proviso to clause (23C) of section 10 of the Act Clause (ii) of sub-section (1) of Section 35 of the Act 4 5 (8) (9) Clause (iia) of sub-section (1) of Section 35 of the Act Clause (iii) of sub-section (1) of Section 35 of the Act 6789 (10) (11) (12) (13) Clause (i) of second proviso to sub-section (5) of section 80G of the Act Clause (ii) of second proviso to sub-s....
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....r business undertaking referred in sub-section (4) of section 11 of the Act Books of account, as referred in Serial No 1 to 6,, for business carried on by the assessee other than the business undertaking referred to in sub-section (4) of section 11 of the Act 7 8 (9) Record of all the projects and institutions run by the person containing details of their name, address and objectives 9 (10) Record of income of the person during the previous year as per rule 17AA(1)(d)(ii) 10 (11) Record of application of income etc. out of income during the previous year as per rule 17AA(1)(d)(iii) 11 (12) Record of application of income out of the income of any previous year preceding the current previous year as per rule 17AA(1)(d)(iv) 12 (13) Record of voluntary contribution made with a specific direction that they shall form part of the corpus, as per rule 17AA(1)(d)(v) ; 13 (14) (15) Record of contribution received for the purpose of renovation or repair of temple, mosque, gurdwara, church or other place notified under clause (b) of sub-section (2) of section 80G which is being treated as corpus, as per rule 17AA(1)(d)(vi) Record of loan and borrowings as per rule 17AA(1)(d)(vii) 14 15 (16) Re....
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....-section (1) of section 12A of the Income-tax Act, 1961, in the case of a fund or trust or institution or any university or other educational institution or any hospital or other medical institution which is required to be furnished under clause (b) of the tenth proviso to clause (23C) of section 10 or a trust or institution which is required to be furnished under sub-clause (ii) of clause (b) of section 12A * I/We have examined the balance sheet of [name of the fund or trust or institution or any university or other educational institution or any hospital or other medical institution] as at ..... and the Income and Expenditure account or Profit and Loss account for the year ended on that date are in agreement with the books of account maintained by the said fund or trust or institution or university or other educational institution or hospital or other medical institution. * I/We have obtained all the information and explanations to the best of *my/our knowledge and belief which are necessary for the purposes of the audit. In * my/our opinion, proper books of account have been maintained at the registered office of the above named fund or trust or institution or university or othe....