NGO Audit, ITR & Annual Compliance

A practical annual-compliance centre for trusts, societies, Section 8 companies and other NPOs: books, bank reconciliation, audit readiness, tax return, donation records, governing-body records and activity evidence.

Annual compliance file

• Cash book / ledger / trial balance
• Bank statements and reconciliation
• Receipts, vouchers and supporting invoices
• Donation register and donor details
• Fixed-asset register
• Corpus / restricted-fund records
• Trustee / governing-body minutes
• Activity report and beneficiary evidence
• Earlier audit reports and tax returns
• Registration / tax-approval orders and URNs

Workflow

1. Close books and reconcile every bank account.
2. Separate revenue, capital, corpus/restricted and liability transactions correctly.
3. Prepare financial statements from the books—not from estimated figures.
4. Review tax-registration conditions and audit-report applicability for the tax year.
5. Complete donation reporting and donor certificates where applicable.
6. File the correct return and preserve acknowledgements, audit reports and supporting schedules.