Income Tax Law
Income-tax Act, 2025 · CHAPTER XVII — Special provisions relating to certain persons
Section 348Audit
Income-tax Act, 2025 (30 of 2025)
Where the total income of a registered non-profit organisation, without giving effect to the provisions of this Part, exceeds the maximum amount which is not chargeable to income-tax in any tax year, the accounts of such registered non-profit organisation for that tax year shall be audited by an accountant and the person in receipt of the income shall be required to furnish a report of an audit of such income by such date in the prescribed form, duly signed and verified by such accountant and setting forth such particulars, as may be prescribed.
Referenced by
Rule 188 Report of audit in case of registered non-profit organisations under section 348