NGO/Association Audits (Trusts, Societies, Clubs)
Non-profit organizations like Trusts, Societies, and Clubs are also required to maintain proper books and undergo periodic audits. We ensure compliance with the Income Tax Act, FCRA (if applicable), and relevant state laws. Our audit services help NGOs maintain transparency, secure grants, and build donor confidence.
Why This Service Matters
- Ensures legal compliance for NGOs and societies.
- Builds donor and stakeholder trust.
- Helps in obtaining and renewing registrations (80G, 12A, FCRA).
- Prevents misuse or misreporting of funds.
- Strengthens accountability in fund utilization.
Is audit mandatory for NGOs?
Yes, if annual income crosses prescribed limits or as per trust deed/bylaws.
Which laws govern NGO audits?
Primarily the Income Tax Act, relevant State Societies Acts, and FCRA (if foreign funding is received).
Can NGOs claim tax exemptions without audit?
No, audits are necessary to claim exemptions under Sections 12A & 80G.
What documents are required for NGO audits?
Donor records, expense vouchers, ledgers, bank statements, and governing documents.
Does audit help NGOs in getting funding?
Yes, audited reports build credibility with donors, funding agencies, and government bodies.