Trust & NGO Audit · Panaji, Goa
Specialised audits for public charitable trusts, societies, NGOs and Section 8 companies in Goa — protecting your 12A and 80G exemptions with accurate fund-utilisation review and Form 10B reporting.
Overview
Charitable trusts, societies and NGOs enjoy valuable income-tax exemptions under Sections 11 and 12 — but only if their accounts are audited and the report filed on time in Form 10B or 10BB. A single missed deadline can put the entire exemption at risk.
N D Savla & Associates provides reliable trust, society and NGO audits in Goa, examining fund utilisation, donations, grants and compliance with the trust deed. We protect your 12A and 80G status, support donor reporting, and handle the related income-tax return filing and accounting so your organisation can focus on its mission.
What's covered
Audit, exemption and reporting — handled with care.
Get a fixed-fee quote →Audit of receipts & payments, income & expenditure and balance sheet against the trust deed and applicable law.
Audit report for 12A/12AB registered entities, covering income, application and accumulation of funds.
Registration, renewal and compliance so exemptions and donor deductions stay valid.
Verification of how donations and grants are applied, with donor-specific utilisation certificates.
Reporting for NGOs receiving foreign contributions, where applicable.
On-time income-tax return and audit-report filing to safeguard exemption.
Our process
Understand your trust, registrations and reporting needs.
Secure collection of accounts, donations and grant records.
Fund-utilisation review and accurate Form 10B/10BB drafting.
Timely filing to safeguard your 12A/80G exemption.
Frequently asked questions
Public charitable and religious trusts, societies and Section 8 companies must be audited when income exceeds the basic exemption limit before claiming exemption, or where required under state trust law. 12A-registered entities claiming exemption must file Form 10B or 10BB.
Form 10B is the audit report for charitable or religious trusts registered under Section 12A/12AB, required when total income before exemption exceeds the basic limit. It reports income, application of funds, accumulation and compliance with Sections 11 and 12.
12A/12AB grants the trust exemption on income applied to charitable purposes; 80G lets donors claim a deduction on their donations. Many organisations hold both — we help with registration, renewal and related audit and filings.
Yes. Registered trusts and NGOs file a return with the audit report in Form 10B/10BB to claim exemption. Filing late can result in loss of exemption and tax on the entire income.
Receipts and payments, income and expenditure, balance sheet, donation records, grant utilisation, FCRA receipts where applicable, fixed assets, and compliance with the trust deed and exemption conditions.
It can lead to denial of exemption under Sections 11 and 12 — meaning the trust's income may be taxed in full, plus penalties. Timely audit and filing protect tax-exempt status.
Yes. For NGOs receiving foreign contributions or institutional grants, we help with FCRA compliance, utilisation certificates and donor-specific reporting alongside the statutory audit and filings.
Yes. We assist with formation, drafting the trust deed or bye-laws, 12A and 80G registration, and setting up compliant books, followed by ongoing audit and filing support.
Related audit services
Book a free consultation with a qualified Chartered Accountant in Goa. We'll review your trust or NGO and ensure your audit and Form 10B are filed on time — no obligation.