New Forms 10B, 10BB | Part 1 | FY 2022-23 | Audit of Trusts | Applicability, Forms, Due Dates

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In the series of "Tax Audit of Trusts" for FY 2022-23 (AY 2023-23), we bring our 1st video w.r.t. the applicability, forms and due date of Audit of Charitable and Religious registered Trusts u/s 11,12 and Section 10(23C).
Hope you like this video.
Already published Parts of Tax Audit Series:
Regards,
RJR Professional Bulletin Team
#TaxAuditSeries #Form10B #Form10BB

[@sureshlongani7546]

Great explanation bhaiya, thanks

[@aditisharma5063]

Thank you so much sir for explaining everything in such a short time.

[@cadhananjaywarudikar5467]

Very well explained.

[@rnarasimhamurthy2790]

Thanks for the Clear cut Information

[@103btc]

सर बहुत अच्छे से समझाया आपने

[@sumitsbp]

Thanks very elaborate and clear

[@GK34176]

Very Nice Explanation sir. Make a video on CBDT recently released drafted Form No 6C Inventory Valuation Report.

[@rautamit8436]

Important information sir thanks

[@pintuacherjee6091]

WELL DONE

[@sanjaygoel2575]

very nice explanation ,thanks

[@humanhopefoundation1524]

Informative and very well explained. thanks for making it .

[@sapantpradhan]

thankyou sir for your informative video. sir can u make live video on filling audit report for trust and ngo.

[@sandeepnagarkar-d6t]

love ly sir info

[@AMARLAKSHKAR]

Very well explained

[@rutujamahajan762]

nice explanation 👍

[@amazingavi200]

❤

[@subhashbanka8353]

GOOD

[@okdone72]

Where is form 10bb and form 10 b new how to file step by step

[@subhajyotidas1878]

250000 ka niche ka condition Kahan likha hai sir?

[@user-gq9dn8tc6h]

We have a Sec 8 Company created last year..registered in 12A and 80G last year itself. Gross receipts less than 1 lac only.We understand that neither Form 10B nor 10BB will be filed... Stat audit as usual will be done like any other company this year..So, ITR filing due date in this case will be 31st Oct 23 ..right?

[@DineshSharma-lm5uj]

Yes

[@CAAmitSinghBhandari]

Nice video

[@govindjadhav7942]

Sir ji ye kab 10BB kab APLIKEBAL hota hai
(Rs 2,50,000 se Kam incomes ko APLIKEBAL hai kya)

[@Wanderer354]

Thank you sir

[@lakshitkumar3113]

Sir
1. University registered u/s 12a can apply income outside India for subscription and other approval from different universities for the benefit of student ??
2. Rental income from property held by trust will be considered as business income or not as University is charging GST on rent ??
3. Services given by University like verification of documents of past student on which University is charging GST, will be considered as business income or not ??

[@mittulshah1160]

If form 10BB is applicable we have filed form 10b. What can be done in this scenario

[@SajidShaikh-nd2fl]

awesome sir ji

[@vikant007]

Sir it in case of 250000 limit, word used " any previous year"
Whether it means if our income exceeds in past, then audit become applicable for every year

[@gvcca]

Us colleges ka kya jinko more than 50% grant (5 Cr +) state government se receive ho rahi hai?

[@harigunda2739]

If we receive corpus donation of 40 lakhs ,is it mandatory to do audit

[@caajayjain]

nice

[@ikbaltarafdar7403]

Sir Ji, Namaskar, Trust ko FCRA hai parantu, koi Foreign Contribution mila nahi or Gross Receipts 5 Crores say kam hai, Taab Trust ko kon sa Audit Form bharna hai, 10B or 10BB???

[@Liyakath_Ali]

1) gross receipt exceeds 5 crore rupees
2) Received any foreign Contribution during the year
3) Spend any some of amount outside India.
If any of the above conditions satisfied needs to file Form 10B
For other cases needs to file Form 10bb

[@RJRProfessionalBulletin]

10BB

[@user-uc8ut3tu2k]

We opt Sec 10(23c)(iiad)
gross receipt 1.2 crore audit applicable or not sir?

[@msjaydeepmitra2023]

Sir the maintenance of accounts are same to apply for NGO & TRUST?

[@rohitmittal597]

Form 10 ke liye circular aaya hein jisme humko return ki date se phle file kr sakte h

[@okdone72]

Sir truat has received donation from foreign donor bank account to trust bank account. And trust has no fcra .
Than which form to be filed 10b or 10bb ?

[@vineetahalawat1783]

10b

[@annepreethi1581]

Can u share the PPT.and please discuss in English also sir

[@Yuvarani_]

How to file Revised Form 10B?

[@okdone72]

Sir trust has received donation from foreign but do not have fcra account what should be done ?
And whether to file form 10b or 10bb ?

[@ankurgulati7965]

Form 10b..

[@RJRProfessionalBulletin]

Form 10B needs to be filed.

[@okdone72]

Sir still i cant view 10bb or 10b in utility is it on utility

[@RJRProfessionalBulletin]

Form 10B (For Big Trusts) is available on the Portal. Form 10BB (For Small Trusts) will be available shortly.

[@sunilkumar-qu7fv]

Sir can you please share this pdf.

[@DINESH-vx5oe]

Sir, pls share the ppt used in video

[@mohitpathak1416]

Does Gross receipt include corpus donation

[@RJRProfessionalBulletin]

Yes, since the same is exempted as per Section 11 but we need to consider receipts before 11&12 exemptions. So, the same will be included to compute total gross receipts.

[@okdone72]

What is the last date of filing 10bb

[@RJRProfessionalBulletin]

10BB - 30.09.2023

[@ankitagarwal3314]

now it is extended to 31-10-23

[@HemantKumar-xx8we]

Sir 10BB KAB AAYEGA?

[@kshamajain1978]

Sir can I file form 10 and form 9 now

[@RJRProfessionalBulletin]

Yes, CBDT allowed filing of Form 10/9A till ITR due date (31.10.2023) for claiming the exemption.
However, since 10B/10BB needs to be filed upto 30.09.2023, it is advisable to file the same till that date so that the audit report should not have any adverse comments.

[@hemantkumarsahoo38]

Very nicely explained