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Form10B

Section Form 10B. Choose Auriga Accounting Platform “India’s biggest Platform.” Connect with our Experts.

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Why Should I Use Auriga Accounting For Section 10B ?

Auriga Accounting has a team of registration experts who can provide complete guidance to register your Section 10B.

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Our team of experts will get in touch with you and collect all necessary documents and details

Resolve all your queries

We fill out and file your application for Form 10B

Complete your Section 10B

Your Ready Section 10B

Why Should I Use Auriga Accounting For Form 10B ?

Auriga Accounting has a team of registration experts who can provide complete guidance to register your Form 10B.

.

book appointment

Our team of experts will get in touch with you and collect all necessary documents and details

Resolve all your queries

We fill out and file your application for Form 10B

Complete your Form 10B

Your Ready Form 10B

About to Section Form10B

Form 10B enables a taxpayer to file an audit report if the taxpayer has applied for or is already registered as charitable or religious trust / institution by filing Form 10A. Form 10B is accessed by the CA added by the taxpayer under the My CA service and is assigned the relevant form.

What is Section 10B ?

Form 10B enables a taxpayer to file an audit report if the taxpayer has applied for or is already registered as charitable or religious trust / institution by filing Form 10A. Form 10B is accessed by the CA added by the taxpayer under the My CA service and is assigned the relevant form.

Eligible businesses can claim deductions on their income derived from export activities for a specified number of years, subject to certain conditions outlined in the law.

Then, you also need a good guide to perform all types of work. Auriga Accounting Private Limited do you best services in India, Delhi, Malviya Nagar, and Saket with full guidance and told Advantages about Form 10B.

who is eligible for Form 10B

  1. If the total income of the trust or institution exceeds Rs. 5 crores during the previous financial year.
  2. If the trust or institution receives any foreign contribution during the previous year, regardless of whether it is registered under Section 12A or approved under Section 10(23C).
  3. If any part of the trust or institution’s income is applied outside India during the previous year.

Due Date Form 10B

Trusts, institutions, universities, and hospitals registered under Section 12A or 10(23C) are required to file a tax audit report when submitting Form 10B. As per the law, the due date for filing Form 10B for any previous year is typically one month before the income tax return filing deadline.

Generally, the due date for submitting the tax audit report is September 30th of the assessment year. For example, for FY 2023-24, the deadline for filing Form 10B is September 30th, 2024.

Online Process for Form 10B

Step 1: Log in to the official Income Tax e-filing website using your valid CA credentials.

Step 2: From the taskbar, select ‘Pending Actions’ and click on ‘Worklist’ to view the forms assigned to you by the taxpayer.

Step 3: You can accept or reject the forms assigned to you by the taxpayer. If rejecting, specify a reason which will be sent to the taxpayer. To accept a form, select it from the list of assigned forms. Once accepted, a message confirming ‘Accepted Successfully’ will appear on your screen.

Step 4: In the ‘Worklist’, click on the ‘File Form’ button next to the form details.

Step 5: After reviewing all the details of Form 10B on the screen, click ‘Continue’.

Step 6: An instruction page will appear. Click on ‘Let’s Get Started’. Fill in the details for each section and then click ‘Preview’. A preview page will open, where you should verify all the information before clicking ‘Proceed To E-Verify’.

Step 7: A dialogue box will pop up. Click ‘Yes’ if you are sure you want to e-verify.

Step 8: On the e-verification page, complete the verification using a Digital Signature Certificate. After successful validation, a ‘Submitted successfully to Tax Payer’ message will appear on the screen. An email and SMS will also be sent to the taxpayer, who can then choose to accept or reject Form 10B.

Criteria

Form 10B

Form 10BB

Section

Form 10B is applicable as per Rule 17B of Income Tax Rules 

Form 10BB is applicable as per Rule 16CC of Income Tax Rules

Purpose

To audit and regulate charitable and religious trust

To regulate income of educational institutions, universities and medical institutions

Yearly Income Limit

Total income exceeding Rs.5 crore

Total income less than Rs.5 crore

Foreign Contribution

Trusts or institutions can receive any amount of foreign contributions

Institutions or trusts do not receive any foreign contribution

Income Spent Outside India

Trust or institutions apply their income outside India

Trust or institutions does not apply any income outside India

How Auriga Accounting Helps You for Form 10B – Why Auriga?

The best thing about us is that our clients also tell us, that we give equal time to everyone, we are very happy that our work is liked by our clients. They cannot come to us, We Cannot go to them, but we are just connected through phones or E-mail. If the client gets satisfied with our work, then it is known that Auriga Accounting did a good job today.

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Our Happy Clients!

Excellent
Based on 12 reviews
MD SAHIL
MD SAHIL
2023-06-10
Auriga Accounting is right CA firm is crucial for the financial health of our business. Auriga Accounting is reputable firm with experienced professionals, strong technology infrastructure, good communication, and transparent pricing.
Prince Kushwaha
Prince Kushwaha
2023-06-10
Workplace must be peaceful and be active during work , the Auriga Accounting Private Limited provides relevant and necessary things so employees save their time and complete their task before time period effectively and efficiently
Prince Singh
Prince Singh
2023-06-10
Auriga accouting private limited and it's team provide best service at affordable price. I have done my previous year GSTR and ITR they did it before the time
Priyanka Kumari
Priyanka Kumari
2023-04-07
They are best coordination with me. Time to time inform me how to work and what work is my pending. Time to time updated me about my company profile work like ROC Filling last date, GST filling last date, ITR etc... I have no paid any penalty since I started working with Auriga..
Vishal Singh
Vishal Singh
2023-04-07
Best company for providing services, I recommended to all. They give me the best rate of price and finished work before the time.
Sameer khan
Sameer khan
2023-04-07
The auriga accounting private limited is a reliable and a customer support company the team has give Clear answer towards the customer by which the customer cannot get confused and get necessary detail to solve their queries and auriga provided me good service and delivered my work on time very well coordinate with me and talk very well I suggest if you have any work then call auriga they will definitely finish your work on time
Vivek Shakya
Vivek Shakya
2023-04-07
Great Services , within affordable rate and give full satisfaction on works. Easy to Cordinate, I have done My Previous year ITR , Startup Registration. I am very happy with their services and their first priority is their Customer.
find way
find way
2023-04-06
I'll give a five-star rating, I had doubts about how to start my work in the field of business and they guide me and instruct me on how to start a business. They have a great team.
623 Anjali
623 Anjali
2023-04-06
The Auriga has great services. Efficient communication and really easy way to get help and support.
Anjali Sharma
Anjali Sharma
2023-04-06
Auriga Accounting team represents the highest level of customer services I have experienced.The team gives accurate information and responses to queries very fast, which are customer is facing.

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