Tag Archives: New form 10B

New audit report Form 10B for Trust/Institution : CBDT Draft Notification

By | May 21, 2019

New audit report Form 10B for Trust/Institution : CBDT Draft Notification Section 12A of the Income-tax Act, 1961 (the Act) provides for conditions for applicability of Sections 11 and 12 of the Act. One such condition under  clause (b) of sub-section (1) thereof is that where the total income of the trust or institution computed… Read More »