TMI BlogINFORMATION REGARDING TAX AUDITX X X X Extracts X X X X X X X X Extracts X X X X ..... The DTC Employees Superannuation Pension Trust constituted when Delhi Transport Corporation was under administrative control of Central Government of India for the purpose of disbursement of pension t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o DTC retired employees and fully exempted on all income from Income Tax Department under para B of IV schedule U/s 10(25)iii of Income Tax Act, 1961 . 2. No Tax audit has been made by any CA Firm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as the Trust is fullyexempted and there is no taxable income of the Trust. 3. The Audit of Balance Sheet/ Annual Accounts is being audited by CAG(Govt. Audit Party) every year after submission of Inco ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... me Tax Return i.e. in December and January. Please advise the Audit is compulsory or not by any CA Firm - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Since there is no taxable income of the t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rust and also exempted from Section 10(25)(iii) of the Act, in my view, no tax audit is required. - INFORMATION REGARDING TAX AUDIT - Query Started By: - DHARAM PAL Dated:- 8-9-2015 Income Tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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