Trust Audit Consultant in Ahmedabad
If you’re managing a registered trust or NGO, regular audits are not just a legal formality—they are essential for financial transparency and donor trust. As a leading Trust Audit Consultant in Ahmedabad, we provide expert audit and compliance services for charitable trusts, religious institutions, educational societies, and NGOs. Our team of experienced Chartered Accountants ensures that your trust meets all statutory requirements under the Income Tax Act and relevant state laws, with accurate reporting and timely filings.
Book Your Society Audit Consultation!
- Accounting Finalization
- CA Audit Report
- Form 10B Filing (if applicable)
Rs.10,000/-
📍 For Charitable Trusts, Societies & Institutions | CA-Certified | Ahmedabad Based Service
Statutory Audit Guidelines for Registered Trusts
Registered trusts that are eligible for income tax exemption under Section 12A/12AB of the Income Tax Act must undergo a statutory audit if their total income (before exemption) exceeds ₹2.5 lakhs in a financial year. As a trusted Trust Audit Consultant in Ahmedabad, we ensure that such audits are conducted accurately and in full compliance with legal requirements. The audit must be carried out by a qualified Chartered Accountant, and the report is submitted in Form 10B (or Form 10BB for certain institutions). This process ensures that the trust’s income and expenditure are properly recorded and aligned with statutory norms. The audit report must be filed before the ITR-7 due date, usually 31st October. Maintaining proper books of accounts, donation registers, and financial statements is essential. Timely and accurate audits not only help retain tax benefits and trust registration but also enhance credibility with donors and authorities.
Trust & Society Audit Packages – Affordable CA Services
Managing a trust or society comes with the responsibility of maintaining transparency and legal compliance. That’s where we step in. We offer expert Trust and Society Audit services by qualified Chartered Accountants across India.
Our Audit & Compliance Combo Package starts at just ₹10,000 and includes:
✅ Accounting Finalization – We prepare your trust or society’s books for audit
✅ CA Audit Report – Issued by a registered Chartered Accountant, as per statutory guidelines
✅ Form 10B Filing – For trusts registered under Section 12A/12AB (if applicable)
Whether you’re a charitable trust, religious society, or educational institution, we ensure your audit is completed accurately, timely, and in full compliance with income tax rules.
Document Requirements for NGO/Trust Audit
To conduct a proper audit for an NGO or charitable trust, certain key documents must be submitted to the Chartered Accountant. As a reliable Trust Audit Consultant in Ahmedabad, we ensure that all necessary documentation is reviewed thoroughly to maintain financial transparency and legal compliance. Typically required documents include:
Trust Deed / Registration Certificate
PAN Card of the Trust/NGO
List of Trustees or Managing Committee
Bank Statements (Full Financial Year)
Cash Book & Ledger
Receipt & Payment Statement
Income & Expenditure Statement
Balance Sheet
Donation Records
Grant/Foreign Contribution Details (if any)
Form 10B (if applicable)
When is Society Audit Mandatory? Know the Criteria
Registered Society: Audit is required if the society is registered under the Societies Registration Act, 1860 or relevant state acts.
Financial Threshold: Audit is generally mandatory if receipts or expenditure exceed ₹2 lakhs in a financial year (varies by state).
Tax Exemption: If the society is registered under Section 12A/12AB or 80G, audit by a Chartered Accountant is compulsory.
Foreign Contributions: Societies receiving foreign donations under FCRA must submit audited accounts annually.
Annual Requirement: Audit must be conducted every financial year and submitted with the income tax return (ITR-7).
Charity Commissioner Audit Report Submission Requirements
As a leading Trust Audit Consultant in Ahmedabad, we assist public charitable and religious trusts in meeting their statutory audit obligations under the Bombay Public Trust Act, 1950. Every registered trust must submit an audited financial report annually to the Charity Commissioner. If the total income exceeds ₹25,000 in a financial year, the trust is required to have its accounts audited by a Chartered Accountant. The audit report must be submitted in Form 10B (for Income Tax) and Schedule IX-D along with Form IX, as prescribed. This audit must be completed and filed within 6 months from the end of the financial year, i.e., by 30th September. Maintaining accurate books of accounts, donation registers, and bank statements is essential to ensure compliance and avoid penalties.
Step-by-Step Process of Trust Audit by CA
Send us the necessary documents like trust registration, financial records, donation details, and bank statements for audit review.
Our expert Chartered Accountant will review and finalize the audit based on your documents, ensuring accuracy and compliance.
Once finalized, we submit the audit report to the relevant authority—including Form 10B filing under the Income Tax Act, if applicable.
Types of Charitable Trusts and When Audit is Required
As a trusted Trust Audit Consultant in Ahmedabad, we understand that every trust operates with a unique mission—whether it’s public welfare, education, religion, or private benefit. Accordingly, the audit process must align with the trust’s structure, objectives, and legal obligations. Here’s a simplified overview of the different types of trusts and how Chartered Accountants approach their audits:
✅ 1. Public Charitable Trusts
Operate for public good—like education, health, or social welfare.
Audit Focus: Detailed examination of fund utilization, financial statements, and statutory compliance. These trusts are subject to higher scrutiny under Income Tax and Charity Commissioner rules.
✅ 2. Private Trusts
Formed for the benefit of specific individuals or families.
Audit Focus: Verification of financial records, asset management, and compliance with the trust deed—ensuring beneficiary interests are protected.
✅ 3. Religious Trusts
Manage temples, mosques, or other religious institutions.
Audit Focus: Ensuring lawful use of donations and assets, alignment with religious norms, and regulatory reporting under relevant acts.
✅ 4. Educational Trusts
Support schools, colleges, scholarships, or research.
Audit Focus: Validating fund allocation for academic activities, regulatory compliance, and financial health of educational programs.
✅ 5. Endowment Trusts
Hold a permanent corpus to fund specific causes from investment income.
Audit Focus: Monitoring investment practices, fund growth, and income disbursement in line with donor restrictions and trust objectives.
Conclusion:
Regardless of the type, regular Trust Audit by a Chartered Accountant is vital to maintain transparency, ensure proper fund use, and stay compliant with applicable laws like the Income Tax Act, FCRA, and state-level trust regulations.
Top Local Trust Audit Consultants at Your Service
Legal Raja is your trusted Trust Audit Consultant in Ahmedabad, offering expert compliance and audit support for NGOs, charitable trusts, and registered societies across Gujarat and India. We provide a complete Trust & Society Audit Package that covers everything – accounting finalization, audit by a Chartered Accountant, Form 10B filing (if applicable), and submission to relevant authorities like the Income Tax Department or Charity Commissioner. From maintaining proper books to ensuring full legal and regulatory compliance, our experienced CAs and advisors handle the entire audit process smoothly and professionally – all under one roof.
Contact Legal Raja: 9726365444
Email: office@legalraja.com
Head Office: Ahmedabad, Gujarat – Serving All India
Frequently Asked Questions on Trust & Society Audits
Is audit mandatory for all trusts and societies?
Yes, audit is mandatory if the annual income exceeds ₹2.5 lakhs (for trusts registered under Section 12A/12AB) or as per respective state laws for societies.
Who can conduct the audit?
Only a qualified Chartered Accountant (CA) can conduct and certify the audit of a trust or society.
What is Form 10B and when is it required?
Form 10B is the audit report form under the Income Tax Act, required for trusts registered under Section 12A/12AB if their income (before exemption) exceeds ₹2.5 lakhs.
Is audit filing with the Charity Commissioner also required?
Yes, if your trust is registered under state laws like the Bombay Public Trust Act, you must submit the audited report in the prescribed format to the Charity Commissioner.