TaxTMI 
TaxTMI 
Audit report under section 348 in the case of a registered non-profit organisation (NPO)
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....tion as defined under section 355(g)? Yes/No Yes/No 8. Type of the auditee (refer Note 6) (refer Note 6) 9. Whether established under an instrument? Yes/No Yes/No 10. Whether recognized under the Income-tax Act,1961 (43 of 1961) (as it existed prior to its repeal) or Income-tax Act, 2025 (30 of 2025)? (refer Note 7) Yes/No Yes/No (If Yes, Schedule A) (Refer Note 8) 11. Objects of the auditee (refer Note 11) (refer Note 11) 12. Whether there is any change in management during the tax year? (refer Note 18) Yes/No (If Yes, Schedule B) Yes/No (If Yes, Schedule B) 13. Whether any modification of the objects has been adopted or undertaken? Yes/No Yes/No 14. Where provisional recognition has been granted, whether activities have commenced during the tax year? Yes/No Yes/No (If Yes, Schedule C) 15. 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 187 by the auditee? Yes/No Schedule D 16. Whether, in any of the projects/institutions run during the tax year, one of the charita....
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.... (Amount) (Amount) 31. (a) Whether there is application of income out of the sources other than the total income of tax year? Yes/No Yes/No (b) If yes, in 31(a) above, please fill the schedule Schedule P (Schedule P(7)) Schedule O (Schedule O(G)(3)) 32. (a) Whether provisions of section 353 are applicable? Yes/No Yes/No (b) If yes in 32(a) above, please fill the schedule Schedule Q Schedule Q 33. Amount of expenditure incurred during the tax year which is of a religious nature (Amount) (Amount) 34. Percentage of expenditure (which is of religious nature to the total income as mentioned in Row 30 above) [(33/30) %] 35. Details of related person (refer Note 16) as referred to in section 355(h) Code of Person referred to in section 355(h) (refer Note 12) Name of such person PAN of such person Aadhar number of such person, if allotted Address of such person If code 2 selected in column (1) specify the amount of contribution made to the auditee (1) (2) (3) (4) (5) 36. (a) Is there any transaction w....
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....(URN), if available Authority granting recognition Date from which recognition is effective (dd/mm/yyyy) (1) (2) (3) (4) (5) (6) Schedule B (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 5% or more of shareholding / Office Bearer (s) of the auditee at any time during the tax year Name of person Relation with the auditee (refer Note 9) Percentage of shareholding in case of shareholder Unique Identification Number (refer Note 10) ID Code (refer Note 10) Address Whether there is any change in relation during tax year (Yes/No) If Yes, specify the change (b) In case if any of the persons [as mentioned in row (a)] is not an individual, then provide the following details of the natural persons who are beneficial owners (5% or more) of such person at any time during the tax year (1) (2) (3) (4) (5) (6) (7) (8) Sl. No. Name Unique Identification Number (refer Note 10) ID Code (refer Note 10) Address Non individual person [as mentioned in row (a)] in which beneficial ow....
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....y is being carried on by the auditee referred to in section 346? Yes/No (B) If yes, then percentage of receipt from such commercial activity vis-à-vis total receipts % (C) Whether such commercial activity is undertaken in the course of actual carrying out of such advancement of any other object of general public utility Yes/No (D) Gains from such commercial activities during the tax year under section 335(e) (Amount) (E) Amount of aggregate annual receipts from activities referred in (A) above (In Rs.) (Amount) Schedule F Provide the following details of the business undertaking: (a) Nature of Business Undertaking (b) Business Code (c) Whether separate books of account have been maintained for the business undertaking (refer note 13) Yes/No (d) Aggregate Annual receipts from such business undertaking (Amount) (e) Gains from such commercial activities during the tax year under section 335(e) (Amount) Schedule G Provide the following details of such business: (a) Nature of B....
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....ganisation not taxable under section 337[Table: Sl. No 1] (Amount) (b) Amount of anonymous donations other than (a) above, which are upto Rs. 100000 or 5% of donations, whichever is higher, and not taxable under section 337[Table: Sl. No 1] (Amount) (c) Other anonymous donations taxable @ 30 % under section 337 [Table: Sl. No 1] (Amount) (d) Total (a+b+c) (Amount) (vii) Any other donation not part of Form No. 113 (specify the nature) (Amount) (viii) Total donation not reported in Form No. 113 [(i)+(ii)+(iii)(d)+(iv)+(v)+(vi)(d)+(vii)] (Amount) Schedule J S.no Section (Amount) 1 Income from any charitable or religious activity, for which such non-profit organisation is registered, as referred to in section 335(a) 2 Income derived from property, deposit or investment as referred to in section 335(b) 3. Income derived from property, deposit or investment as referred to in section 335(c) 3 Donations as referred to in section 335(d) 4 Gains from commercial act....
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.... Amount which was not actually paid during the tax year [if included in (i)(c)] (Amount) (iv) Amount actually paid during the tax year which accrued during any earlier tax year but not claimed as application of income in earlier tax year (Amount) (v) Total amount to be allowed as application [(i)(c)- (iii) +(iv)] (Amount) (vi) Bifurcation of application in (v) into Revenue or Capital (Amount) (a) Revenue (Amount) (b) Capital (Amount) (vii) Amount invested or deposited back in corpus which was applied during any preceding tax year and not claimed as application during that tax year. (Amount) [fill Schedule T(4)] (viii) Repayment of loan or borrowing during the tax year which was earlier applied and not claimed as application during that tax year. (Amount) (fill Schedule V) Amount to be disallowed from application (ix) Amount disallowable under section 341(1)(a) read with section 35(b)(i) (Amount) (fill schedule ZF) (x) Amount disallowable under section 341(1)(a) read with section 36(4)/section 36(5)/section 36(6) (Amount) (fill schedule ZG/schedule ZH) (xi) Donation to....
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.... fill Schedule T(4)] (vi) Repayment of loan or borrowing during the tax year which was earlier applied and not claimed as application during that tax year (Amount) Amount to be disallowed from application (vii) Amount disallowable under section 341(1)(a) read with section 35(b)(i) (Amount) [Fill schedule ZF] (viii) Amount disallowable under section 341(1)(a) read with section 36(4)/section 36(5)/section 36(6) (Amount) [Fill schedule ZG/schedule ZH)] (ix) Donation to any registered non-profit organization towards Corpus as per section 341(1)(c) (Amount) (x) Donation to any registered non-profit organisation not having same objects as per section 341(1)(a) (Amount) (xi) Donation to any person other than any registered non-profit organization as per section 341(1)(a) (Amount) (xii) 15% of donation to any registered non-profit organization having same objects (Amount) (xiii) Application outside India for which approval under section 338(a) has not been obtained (Amount) (xiv) Application outside India for which approval under section 338(a) has been obtained (Amount) (xv) Applied for any purpose o....
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....income accumulated ceases to be accumulated or set apart for application thereto as specified under section 342(1) as referred to in section 337[Table: Sl. No. 7]. If yes, amount of such Specified Income. Yes/No (If yes fill schedule ZB) (Amount) [Schedule ZB(14)] (h) Whether income accumulated is not utilised for the purpose for which it is so accumulated or set apart during the period as specified in section 342(1), as referred to in section 337[Table: Sl. No. 8]. If yes, amount of such Specified Income. Yes/No (If yes fill schedule ZB) (Amount) [Schedule ZB(15)] (i) Whether such income accumulated is credited or paid to any other registered non-profit organisation during the period as specified in section 342(1), as referred to in section 337(Table: Sl. No. 9). If yes, amount of such Specified Income. Yes/No (If yes fill schedule ZB) (Amount). [Fill from Schedule ZB(11)] (j) Specified Income under section 337[Table: Sl. No 10] being income applied to purposes other than charitable or religious purposes for which auditee is registered (Amount) (k) Specified Income under section 337[Table: Sl. No 11] being income determined under sec....
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..... 8 Whether income accumulated is not utilised for the purpose for which it is so accumulated or set apart during the period as specified in section 342(1), as referred to in section 337[Table: Sl. No. 8]. If yes, amount of such Specified Income. 9 Whether such income accumulated is credited or paid to any other registered non-profit organisation during the period as specified in section 342(1), as referred to in section 337(Table: Sl. No. 9). If yes, amount of such Specified Income. 10 Specified Income under section 337[Table: Sl. No 10] being income applied to purposes other than charitable or religious purposes for which auditee is registered 11 Specified Income under section 337[Table: Sl. No 11] being income determined under section 344 in excess of the income shown in the books of account of business undertaking 12 Specified Income under section 337[Table: Sl. No 12] being Fair market value of any asset, where it is not held in forms or modes specified in paragraph 1(1) to (30) of Schedule XVI even after the expiry of one year from the end of tax year in which such asset is acquired 1....
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....visions of section 346 are not complied with (Restriction on commercial activities by a registered non-profit organization carrying out advancement of GPU) Yes/No (b) Provisions of section 347 are not complied with (Books of Account) Yes/No (c) Provisions of section 348 are not complied with (Audit) Yes/No (d) Provisions of section 349 are not complied with (Return of income) Yes/No (ii) If yes in (i), please provide computation of income chargeable under section 353 (a) Income for the tax year (Amount) (b) Total Expenditure incurred in India, for the objects of the auditee, (Amount) (c) Expenditure to be disallowed (i) Capital Expenditure [Section 353(3)(a)] (Amount) (ii) Expenditure incurred outside India [Section 353(3) (a)] (Amount) (iii) Expenditure which is not for the objects of registered non-profit organization [Section 353(3) (b)] (Amount) (iv) Expenditure from the corpus standing to ....
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.... Yes/No (If yes, fill Schedule ZD-5/ZD-6) (f) Whether any share, security or other property is sold by or on behalf of the auditee to any related person during the tax year; Yes/No (If yes, fill Schedule ZD- 7/ZD-8) (g) Whether any income or property of the auditee is diverted during the tax year in favour of any related person Yes/No (If yes, fill Schedule ZD-9) (h) Whether any funds of the auditee are, or continue to remain, invested for any period during the tax year, in any concern in which any related person has a substantial interest. Yes/No (If yes, fill Schedule ZD-10) Schedule S Specified Violation Whether the auditee has incurred any specified violation as referred to in section 351(1) and the amount of such violation Yes/No (Amount) (a) Income of the auditee has been applied, other than for the objects of the auditee. [Section 351(1)(a)] Yes/No (Amount) (b) 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 attainme....
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....eparately identifiable invested or deposited in the forms and modes (i) Representing Donations received for the renovation or repair of places notified under section 133(1)(b)(vi)on or after 01.04.2020 Yes/ No Yes/ No Yes/ No Yes/ No (ii) - Other than (i) above received on or after 01.04.2021 (iii) Other than (i) and (ii) above Schedule U Details of foreign contribution S.No (1) (2) (3) (a) Nature of foreign contribution received during the tax year Amount of foreign contribution received during the tax years year (In Rs.) Application from such contribution during the tax Amount In Rs. (i) Corpus (ii) Non-corpus (b) Interest accrual on the foreign contribution as referred to in Explanation 2 to sect....
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....g the current tax year Amount which could not be applied and deemed to be income under section 11(1B)/ section 337 [Table: Sl. No. 13] during the tax year Balance Amount of deemed application (1) (2) (3) (4) (5) (6) (7) = (5)- (6) (8) (7)-(8) = (9) (5)- (7) = (10) Dropdowns to be provided Dropdowns to be provided Schedule ZA: Details of accumulated income taxed in earlier tax years as per section 11(1B)/section 337[Table: Sl.No.13] Assessment year/Tax year in which the amount referred to in column (3) of schedule X was taxed Dropdowns to be provided last five tax years beginning from the tax year preceding the current tax year Year of accumulation (Tax Year) Yyyy -yyyy Yyyy -yyyy Yyyy -yyyy Yyyy -yyyy Yyyy -yyyy Dropdowns to be provided for last five tax years beginning from the current tax year Yyyy - yyyy Total Schedule ZB The details of accumulation Sl. No. Year of accumulation (FY) Date of furnishing Fo....
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....s to be, made available during the tax year for use of the related person, during the tax year : S. No. Name of related person PAN of related person Details of asset Duration for which asset is, or continues to be, made available for the use of related person during the tax year, Details of rent for the tax year Details of other compensation for the tax year Amount of Specified Income as per section 337[Table: Sl. No 2] Nature of asset Address From dd/ mm/ yyyy To dd/mm/yyyy Amount of rent Adequate rent Nature Amount of compensation Adequate Compensation (1) (2) (3) (4) (land/ building/ other property) (5) (6) (7) (8) (9) (10) (11) (12) (13) Schedule ZD -3 Details of salary, allowance or otherwise which is paid to the related person out of the resources of the auditee for services rendered by him during the tax year S. No. Name of related person PAN of related person Nature of services rendered by related person Details of payment for the tax year Amount of Specified Income as per section 337[Table: Sl. No 2] Nature of payment Amount of payment (in Rs) Reasonab....
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.... [Land/ Residential/ Commercial Property etc)] (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Schedule ZD -7 Details of any share, security which is sold by or on behalf of the trust or institution to a related person during the tax year. S. No. Name of related person PAN of related person Nature of property sold Details of Shares or Security Details of Other Property being Movable Name of the Company or Concern n of which the shares are sold Number of shares sold during the tax year Price of each share or security Total consideration on share /security Adequate consideration on for share or security Nature of movablele property Number of movable properties sold Price of movablele property Total consideration on for property Adequate consideration on Amount of Specified Income as per section 337[T able: Sl. No. 2] (Share / Security / (1) (2) (3) (4) ....
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....10) (11) (12) (13) (14) Schedule ZE Details of violation of other laws S.no Name of law under which non-compliance has occurred Nature of non-compliance Date of order, direction or decree, holding that such non-compliance has occurred Whether the order, direction or decree, has been disputed before any court or appellate forum If yes, whether dispute has attained finality Has the dispute been finalised in favour of the auditee (1) (2) (3) (4) (5) (6) (7) Schedule ZF TDS disallowable: Details of amounts disallowable under section 341(1)(a) read with section 35(b)(i): (a) Details of payment on which tax is not deducted Date of payment dd/ mm /yyyy Amount of payment Nature of payment Name of Payee PAN of Payee Address of payee (1) (2) (3) (4) (5) (6) (b) Details of payment on which tax has been deducted but has not been paid on or before the due date specified in section 263(1) Date of Payment Dd/mm/yyyy Amount of payment Nature of payment Name of Payee PAN of Payee Address of payee Amount....
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....payment S.No Name PAN, if available Address Loan or deposit or any specified advance Amount Please specify mode of receipt [by cheque or Bank draft or use of electronic clearing system through a bank account or any other] Whether Account payee, if by cheque or bank draft? Whether Squared up? Maximum amount outstanding By cheque or Bank draft or use of electronic clearing system through a bank account or any other mode Whether account payee if by cheque or bank draft? Schedule ZL-1 TDS/TCS Tax Deduction and Collection Account Number (TAN) Section Nature of Payment or receipt Total amount of payment or receipt of the nature specified in column (3) Total amount on which tax was required to be deducted or collected out of (4) Total amount on which tax was deducted or collected at specified rate out of (5) Amount of tax deducted or collected out of (6) Total amount on which tax was deducted or collected at less than specified rate out of (7) Amount of tax deducted or collected on (8) Amount of tax ....
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....ignation: Membership Number: UDIN, if any: Name of the proprietorship/Firm: Registration Number of Firm: Date: Place: Notes: 1. Name 2. Address 3. Row 5: Provide the address which has been decided by the management by way of a resolution and which has been intimated to the jurisdictional Assessing Officer in writing within seven days of such resolution as per the rule 187(3)(b); 4. Any registered non-profit organisation referred to in Chapter XVII-B of the Act shall be referred as "auditee" in this form; For the purpose of this form, small registered NPO means a registered non-profit organisation which fulfils the following conditions - (a) its regular income under section 335 of the Act does not exceed five crore rupees during the tax year; (b) it has not received foreign contribution exceeding Rs. 1000000 during the tax year; and (c) it has not applied income exceeding Rs. 1000000 outside India during the tax year. For the purposes of clause (b) above, the expression foreign contribution shall have the same meaning assigned to it in clause (h) of sub-section (1) of section 2 of the Foreig....
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....ification u/s 10(46) of Income-tax Act, 1961 (43 of 1961) (as it existed prior to its repeal) 13 14. Notification u/s 10(46A) of Income-tax Act, 1961 (43 of 1961) (as it existed prior to its repeal) 14 15. any other, please specify 15 (b) Row 10 - Schedule A(2): If "Yes" selected in Row 10 and the auditee has earlier been recognised under the Income Tax Act, 2025 (30 of 2025), then select from the following options: S. No Section Code 1. Section 332(7)(a) 1 2. Section 332(8) 2 3. Section 45(3)(a)(i) 3 4. Section 45(3)(a)(ii) 4 5. Section 45(3)(b) 5 6. Section 354(3) 6 7. Section 354(4) 7 8. Schedule III (Table: Sl. No. 36) 8 9. Schedule VII (Table: Sl. No. 42) 9 10. any other, please specify 10 (9) Schedule B(a)(2): For column Relation with the auditee, select one or more of the following a. Author b. Authorised signatory c. Chief Executive Officer d. Chief Financial Officer e. Director f. Founder g. Manager h. Managing director i. Members of society j. Memb....
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....han the business undertaking referred to in section 344 of the Act 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 tax year as per rule 187(1)(d)(ii) 10 (11) Record of application of income etc. out of income during the tax year as per rule 187(1)(d)(iii) 11 (12) Record of application of income out of the income of any tax year preceding the current tax year as per rule 187(1)(d)(iv) 12 (13) Record of donation made with a specific direction that they shall form part of the corpus, as per rule 187(1)(d)(v); 13 (14) Record of donation received for the purpose of renovation or repair of temple, mosque, gurdwara, church or other place notified under section 133(1)(b)(vi) which is being treated as corpus, as per rule 187(1)(d)(vi) 14 (15) Record of loan and borrowings as per rule 187(1)(d)(vii) 15 (16) Record of properties as per rule 187(1)(d)(viii); 16 (17) Record of specified persons as per rule 187(1)(d)(ix); 17 (18) Any other documents containing any other relevant info....