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Form 10B Audit Report for Section 12A Trusts in Pune

Based outside Pune? See our national Form 10B Audit Report page.

Reviewed by CA & CS Team, Patron Accounting LLP ICAI & ICSI Registered| 15+ Years Experience| Last Updated: 1 July 2026 12A Registration →

Form 10B vs Form 10BB: We confirm the correct audit report for your Section 12A/12AB trust based on the Rs 5 crore income threshold, foreign contribution, and income applied outside India.

CA-Certified & Portal-Filed: A practising Chartered Accountant audits your books, certifies Form 10B, and uploads it on the income tax e-filing portal for your electronic acceptance.

Filed Ahead of ITR-7: The report is furnished at least one month before the ITR-7 due date, generally by 30 September, protecting your exemption under Sections 11 and 12.

Exemption Protection: Timely, accurate filing avoids denial of exemption and demand; where a delay occurs we assist with condonation under Section 119(2)(b).

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What Is Form 10B and When Does a Section 12A Trust Need It?

Form 10B is the audit report that a trust or institution registered under Section 12A/12AB (or approved under Section 10(23C)) must obtain from a Chartered Accountant and file electronically to claim income tax exemption under Sections 11 and 12. It is prescribed under Section 12A(1)(b) of the Income Tax Act, 1961, and is filed through the income tax e-filing portal ahead of the ITR-7 return.

Since 1 April 2023 (Assessment Year 2023-24), the audit report has been split into two forms based on the level of income and activity, not the type of registration. Whether your trust files Form 10B or the simpler Form 10BB depends on three triggers - your total income before exemption, whether you received foreign contribution, and whether you applied any income outside India.

⚡ Quick Answers

What is Form 10B? Form 10B is the audit report that a trust or institution registered under Section 12A/12AB (or approved under Section 10(23C)) must obtain from a Chartered Accountant and file electronically to claim income tax exemption under Sections 11 and 12.
When does Form 10B apply instead of Form 10BB? Form 10B applies if the trust's total income before exemption exceeds Rs 5 crore in the previous year, or it has received any foreign contribution, or it has applied any part of its income outside India. All other eligible trusts file Form 10BB.
When did the Form 10B / 10BB bifurcation start? The revised income-based forms took effect from 1 April 2023 (Assessment Year 2023-24) under CBDT Notification No. 7/2023, which amended Rules 16CC and 17B via the Income-tax (Third Amendment) Rules, 2023.
What is the due date for Form 10B? The audit report in Form 10B must be furnished at least one month before the due date for filing the ITR-7 return, generally by 30 September of the assessment year.

Key Terms for Form 10B:

Form 10B: Income tax audit report for Section 12A/12AB trusts and Section 10(23C) institutions that cross the Rs 5 crore threshold, receive foreign contribution, or apply income outside India.
Form 10BB: The simpler audit report filed by eligible trusts and institutions that do not fall within any of the three Form 10B triggers.
Section 12A / 12AB: The registration route through which a charitable or religious trust becomes eligible for exemption under Sections 11 and 12.
Rule 16CC and Rule 17B: Income-tax Rules amended by CBDT Notification No. 7/2023 to prescribe the revised Forms 10BB and 10B respectively.
ITR-7: The income tax return filed by trusts and institutions claiming exemption; the Form 10B audit report supports it.
Section 119(2)(b): The provision under which the Commissioner (Exemptions) or CBDT can condone a delay in filing the audit report for genuine reasons.

Audit Report Form 10B for 12A/12AB Trusts

Overview - Form 10B Audit Report Filing

📌 TL;DR - Form 10B for Section 12A Trusts at a Glance

Trusts, NGOs and institutions registered under Section 12A/12AB must have their accounts audited and file an audit report to keep their exemption under Sections 11 and 12. Since AY 2023-24, the report is either Form 10B or Form 10BB. You file Form 10B if your total income before exemption exceeds Rs 5 crore, or you received any foreign contribution, or you applied any income outside India; otherwise you file Form 10BB. The report must be certified by a Chartered Accountant and furnished at least one month before the ITR-7 due date, generally by 30 September. Missing the deadline can cost you the exemption, though a genuine delay can be condoned under Section 119(2)(b). Patron's CA team confirms the correct form, audits your books, and files it on time.

Charitable and religious trusts claiming exemption under Sections 11 and 12 of the Income Tax Act, 1961 are required to have their accounts audited where their total income - computed before applying those exemptions - exceeds the basic exemption limit. The audit report is the document that lets the income tax department verify that the trust has applied its income to its charitable objects and complied with Sections 11, 12 and 13. Without a valid, timely audit report, the exemption itself is at risk.

CBDT vide Notification No. 7/2023 (GSR 118(E)) dated 21 February 2023, through the Income-tax (Third Amendment) Rules, 2023, amended Rule 16CC and Rule 17B and revised Forms 10B and 10BB with effect from 1 April 2023. The amendment shifted the basis of applicability from the type of registration to the level of total income, creating a clear bifurcation - larger trusts and those with foreign contribution or overseas application of income file the more detailed Form 10B, while all other eligible trusts file Form 10BB.

Patron's Chartered Accountants reconcile your books, compute income under Sections 11 to 13, confirm whether Form 10B or Form 10BB applies, prepare and certify the report, and file it on the portal ahead of your ITR-7 due date so your exemption is protected. Verify statutory details through the Income Tax India e-Filing Portal, CBDT notifications on the Income Tax Department site, and auditing standards at the Institute of Chartered Accountants of India.

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Who Needs to File Form 10B?

An audit report is mandatory for any Section 12A/12AB trust or institution whose total income - computed before applying the exemptions of Sections 11 and 12 - exceeds the basic exemption limit. Among those trusts, Form 10B (rather than Form 10BB) is required in any of the following situations:

Total income above Rs 5 crore: If the total income of the trust or institution, computed without giving effect to Sections 11 and 12 (or the relevant clauses of Section 10(23C)), exceeds Rs 5 crore during the previous year, Form 10B is mandatory.
Foreign contribution received: If the trust or institution received any foreign contribution during the previous year, Form 10B is mandatory irrespective of income level. This aligns your income tax reporting with your FCRA compliance obligations.
Income applied outside India: If the trust or institution applied any part of its income outside India during the previous year, Form 10B is mandatory irrespective of income level.
Section 10(23C) approved institutions: Universities, educational institutions, hospitals and other institutions approved under Section 10(23C) that cross the same thresholds also fall within the Form 10B requirement.
Large charitable and religious trusts: Public charitable trusts, religious trusts and societies registered under Section 12A/12AB with substantial receipts or grants.
NGOs with cross-border activity: Non-profit organisations engaged in overseas relief, research collaborations or grants that involve applying income outside India.

Any eligible trust or institution that does not fall within these three Form 10B triggers files its audit report in the simpler Form 10BB instead. If you are unsure which applies, Patron's CA team reviews your accounts and activity profile and confirms the correct form before filing.

Patron Form 10B Service Coverage

Service	What We Do
Applicability Assessment (10B vs 10BB)	Review of your income, foreign contribution and overseas application of income against the Rs 5 crore threshold to confirm whether Form 10B or Form 10BB applies for the year.	All Trusts
Books Reconciliation and Audit	Reconciliation of receipts, payments, corpus and grants; verification of application of income under Sections 11, 12 and 13; conduct of the statutory audit by a practising Chartered Accountant.	All Trusts
Income Computation under Sections 11-13	Computation of income applied, accumulated and set apart; verification against the 85 percent application requirement and Section 13 restrictions on specified persons.	All Trusts
CA Certification and Portal Upload	Assignment of the form to the CA on the e-filing portal, verification, digital signature and upload of Form 10B, followed by coordination of your electronic acceptance of the report.	All Trusts
ITR-7 Timeline Coordination	Scheduling the audit report at least one month before the ITR-7 due date, generally by 30 September, and coordinating the subsequent ITR-7 filing so the one-month gap is preserved.	All Trusts
Foreign Contribution Reporting Alignment	Alignment of the Form 10B disclosures with your FCRA reporting where foreign contribution has been received during the year.	If Applicable
Condonation of Delay Support	Where the report was obtained before filing the return but filed late, assistance with a condonation application under Section 119(2)(b) to the Commissioner (Exemptions) or CBDT.	If Required

Our Process

How Patron Files Your Form 10B Audit Report

A structured workflow from applicability assessment through audit, CA certification, portal upload and your electronic acceptance - completed ahead of the ITR-7 due date so your exemption is never at risk.

Step 1

Applicability Assessment

We review your total income before exemption, foreign contribution and any income applied outside India to confirm whether Form 10B or Form 10BB is your applicable audit report for the year.

Form confirmed Triggers checked

Form Diagnosed 01

Step 2

Books Reconciliation and Audit

Our Chartered Accountants reconcile your receipts, payments, corpus and grants, verify the application of income under Sections 11, 12 and 13, and conduct the statutory audit.

Books reconciled Audit conducted

Accounts Verified 02

Step 3

Income Computation under Sections 11-13

We compute income applied, accumulated and set apart, test the 85 percent application requirement, and check Section 13 restrictions on benefits to specified persons.

Income computed Section 13 checked

Computation Done 03

Step 4

CA Certification and Portal Upload

The trust assigns the form to the CA on the e-filing portal; the CA verifies, digitally signs and uploads Form 10B. You then accept the report electronically to complete the filing.

Report certified Uploaded & accepted

Filed 04

Step 5

ITR-7 Coordination and Deadline Protection

We schedule the report at least one month before the ITR-7 due date, generally 30 September, then coordinate your ITR-7 filing. Where a delay has occurred, we assist with condonation under Section 119(2)(b).

ITR-7 aligned Exemption protected

On Time 05

Documents Required for Form 10B Filing

For an efficient Form 10B audit and filing, the following documents and records should be ready. Patron coordinates fresh preparation where existing records are incomplete.

Trust deed or instrument of creation and any amendments
Section 12A/12AB registration certificate (and Section 10(23C) approval, if applicable)
PAN of the trust or institution
Income and expenditure account, receipts and payments account, and balance sheet for the year
Books of account, ledgers, cash book and bank statements
Details of income applied to charitable or religious objects during the year
Details of income accumulated or set apart under Section 11(2), with Form 10 where applicable
Details of corpus donations and their investment under Section 11(5)
Details of any foreign contribution received, with FCRA records
Details of any income applied outside India during the year
Details of transactions with specified persons under Section 13(3)
Grant agreements, donation receipts and utilisation records
Prior year ITR-7 acknowledgement and audit report, if any
Digital signature of the authorised signatory of the trust and of the Chartered Accountant

Verify statutory requirements at the Income Tax India e-Filing Portal, review the underlying provisions on the Income Tax Department site, and refer to auditing standards at the Institute of Chartered Accountants of India. Where your trust deploys accumulated funds, our fund utilisation certificate support keeps your records grant-ready.

Common Form 10B Mistakes Patron Helps You Avoid

Challenge	Impact	How Patron Accounting Solves It
Filing the Wrong Form (10B instead of 10BB, or vice versa)	Choosing the wrong audit report can render the filing defective and may put the exemption under Sections 11 and 12 in question.	Patron runs a structured applicability check against the Rs 5 crore threshold, foreign contribution and overseas application of income, and confirms the correct form before any filing.
Missing the One-Month-Before-ITR Deadline	Furnishing Form 10B after the due date can result in denial of exemption, exposing the trust's surplus to tax.	Patron schedules the audit report at least one month before the ITR-7 due date, generally 30 September, and tracks the timeline so the statutory gap is preserved.
Overlooking Foreign Contribution as a Trigger	Trusts that received foreign contribution sometimes file Form 10BB by mistake, creating a mismatch with FCRA reporting.	Patron reviews FCRA records alongside the accounts so that any foreign contribution correctly routes the trust into Form 10B, aligned with its FCRA obligations.
Weak Documentation of Income Application	Inadequate records of how income was applied to charitable objects can lead to queries and disputes on the exemption.	Patron reconciles application of income under Sections 11 and 12, documents the 85 percent test, and supports accumulation disclosures where income is set apart.
No Plan for a Genuine Delay	When the report is obtained before filing the return but filed late, trusts often do not pursue the available relief.	Patron assists with a condonation application under Section 119(2)(b), relying on the settled position that a delayed audit report is a procedural lapse and not, by itself, a ground to deny exemption.

Patron Fees for Form 10B Audit and Filing

Fee Component	Amount
Free Applicability and Scoping Call	Free - assessment of whether Form 10B or Form 10BB applies to your trust, plus a document checklist
Form 10B Audit and Filing (Professional Fees)	Starting from INR 14,999 (Exl. GST & Govt. Charges) — final quote on assessment. Depends on the size of the trust, volume of transactions, number of grants and foreign contribution reporting.
Condonation of Delay Support (If Required)	Quoted separately depending on the facts of the delay and the authority involved under Section 119(2)(b)
ITR-7 Filing (Add-On)	Quoted separately; coordinated to follow the Form 10B report within the statutory one-month gap

All fees and charges listed are indicative only and do not constitute a binding offer. Final amounts may vary depending on the volume of work and the complexity involved.

Professional service charges for audit, drafting, and filing are separate from any government charges. The exact fee depends on the size of the trust and the complexity of the accounts. Contact us for a detailed quote.

Get a free Form 10B applicability check - Call +91 945 945 6700 or WhatsApp us. No-obligation assessment.

Form 10B Due Date and Timeline

Stage	Timeline
Applicability Assessment	1-3 days - confirm Form 10B vs Form 10BB and share the document checklist
Books Reconciliation and Audit	Depends on the size of the trust and readiness of records; typically completed well before the statutory deadline
Form 10B Furnishing Due Date	At least one month before the ITR-7 due date - generally by 30 September of the assessment year
ITR-7 Return Due Date	Generally 31 October of the assessment year, one month after the Form 10B deadline
AY 2023-24 Extended Dates (First Year of New Forms)	CBDT extended the Form 10B/10BB date to 31 October 2023 and the ITR-7 date to 30 November 2023, preserving the one-month gap

Why the one-month gap matters: The law requires the audit report in Form 10B to be furnished at least one month before the ITR-7 return so that the return can be filed on the strength of a completed audit. For AY 2023-24, the first year of the revised forms, CBDT extended both dates while keeping the one-month gap intact - a reminder that timely audit is the anchor of the trust's exemption. Where a delay is genuine and the report was obtained before the return was filed, the delay can be condoned under Section 119(2)(b) by the Commissioner (Exemptions) or CBDT.

Key Benefits

Why Patron for Your Form 10B Audit Report

Correct Form, Every Time

We assess the Rs 5 crore threshold, foreign contribution and overseas application of income to confirm whether Form 10B or Form 10BB applies - so your filing is never defective on form selection.

Practising Chartered Accountants

Your audit is conducted and Form 10B certified by a practising Chartered Accountant, uploaded on the e-filing portal and followed by your electronic acceptance.

Filed Ahead of ITR-7

We track the one-month-before-ITR deadline, generally 30 September, and coordinate the subsequent ITR-7 filing so the statutory gap is preserved.

Exemption Protection

Timely, accurate filing keeps your exemption under Sections 11 and 12 safe. Where a genuine delay occurs, we pursue condonation under Section 119(2)(b).

FCRA-Aligned Reporting

Where foreign contribution is involved, we align your Form 10B disclosures with your FCRA compliance so both records tell a consistent story.

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Offices in Pune, Mumbai, Delhi and Gurugram with pan-India remote engagement. Deep experience in 12A/12AB registration, trust audit and income tax exemption compliance.

Form 10B vs Form 10BB - Applicability at a Glance

Dimension	Form 10B	Form 10BB
Total Income Before Exemption	Exceeds Rs 5 crore in the previous year	Rs 5 crore or below (and no other trigger)
Foreign Contribution	Any foreign contribution received - Form 10B mandatory	No foreign contribution received
Income Applied Outside India	Any income applied outside India - Form 10B mandatory	No income applied outside India
Nature of Report	More detailed audit report	Simpler audit report
Governing Rule	Rule 17B (as revised)	Rule 16CC (as revised)
Effective From	1 April 2023 (AY 2023-24)	1 April 2023 (AY 2023-24)
Who Files	Larger trusts and those with foreign contribution or overseas application of income	All other eligible Section 12A/12AB and Section 10(23C) entities

The bifurcation was introduced by CBDT Notification No. 7/2023 (GSR 118(E)) through the Income-tax (Third Amendment) Rules, 2023, which amended Rule 16CC and Rule 17B. If any one Form 10B trigger applies, you file Form 10B; if none applies, you file Form 10BB. For help mapping income application, accumulation and set-apart amounts correctly, see our support on Section 11, 12 and 13 income application and accumulation.

Related Patron Trust & NGO Compliance Services

The Form 10B audit report is one part of keeping a Section 12A/12AB trust compliant. These related services help across the exemption lifecycle:

Form 10BB Audit Report (Section 10(23C)) - the simpler audit report for eligible trusts and institutions that do not cross the Form 10B triggers.
12A Registration - the registration route that makes a trust eligible for exemption under Sections 11 and 12 in the first place.
Section 11, 12 and 13 - Income Application and Accumulation - correct treatment of income applied, accumulated and set apart, and Section 13 restrictions.
Fund Utilisation Certificate - documented utilisation of grants and accumulated funds for donors and authorities.

Verify statutory details at the Income Tax India e-Filing Portal, review the provisions on the Income Tax Department site, and refer to auditing standards at the Institute of Chartered Accountants of India.

Legal and Compliance Framework (India)

Governing Statutes and Rules: Income Tax Act, 1961, the Income-tax Rules, 1962, and CBDT notifications and circulars issued thereunder.

Section 12A(1)(b), Income Tax Act, 1961: Requires the accounts of a trust or institution to be audited and the report furnished in the prescribed form to claim exemption.
Sections 11 and 12: Provide the income tax exemption for income applied to charitable or religious purposes, subject to conditions.
Section 13: Restricts benefits to specified persons and lays down conditions that can withdraw exemption.
Section 10(23C): Alternative approval route for certain funds, universities, educational institutions and hospitals.
Rule 16CC and Rule 17B: Prescribe Forms 10BB and 10B respectively, as revised.
CBDT Notification No. 7/2023 (GSR 118(E)) dated 21 February 2023: Through the Income-tax (Third Amendment) Rules, 2023, revised Forms 10B and 10BB with effect from 1 April 2023 (AY 2023-24) and shifted applicability to an income basis.
ITR-7: The return of income for trusts and institutions claiming exemption, supported by the Form 10B / 10BB audit report.
Section 119(2)(b): Empowers the Commissioner (Exemptions) or CBDT to condone delay in filing the audit report for genuine reasons.

All fees and charges listed are indicative only and do not constitute a binding offer. Final amounts may vary depending on the size of the trust, volume of transactions, foreign contribution reporting, and complexity of the accounts.

Frequently Asked Questions

Answers to the most common questions from Section 12A/12AB trusts, NGOs and institutions on the Form 10B audit report, its applicability, due date and non-filing consequences.

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Is Form 10B mandatory for my Section 12A trust?

Yes, an audit report is mandatory for any Section 12A/12AB trust or institution whose total income (computed before applying the exemptions of Sections 11 and 12) exceeds the basic exemption limit. The report is filed either in Form 10B or Form 10BB depending on your income and activity profile.

How do I know whether to file Form 10B or Form 10BB?

File Form 10B if any one of these applies: your total income before exemption exceeds Rs 5 crore, you received foreign contribution during the year, or you applied any income outside India. If none apply, you file the simpler Form 10BB. Patron's CA team assesses your accounts and confirms the correct form for you.

Who can prepare and certify Form 10B?

Only a practising Chartered Accountant can audit the accounts and certify Form 10B. The trust assigns the form to the CA on the income tax e-filing portal, the CA verifies and uploads it, and the trust then accepts it electronically.

What happens if Form 10B is not filed or is filed late?

If the required audit report is not filed by the due date, the trust risks losing its exemption under Sections 11 and 12, meaning its surplus can be taxed. Courts and CBDT have in many cases treated delay as a procedural lapse and allowed condonation, but timely filing is essential to avoid dispute and demand.

Can a delay in filing Form 10B be condoned?

Yes. Where the audit report was obtained before filing the return and the delay was for a genuine reason, the Commissioner (Exemptions) or CBDT can condone the delay under Section 119(2)(b). Several tribunals and High Courts have held that exemption cannot be denied merely for a delayed audit report.

Does receiving foreign contribution force me into Form 10B?

Yes. If your trust received any foreign contribution during the previous year, Form 10B is mandatory regardless of your income level. This aligns income tax reporting with your FCRA compliance obligations.

How does Patron help with the Form 10B audit report?

Patron's Chartered Accountants reconcile your books, compute income under Sections 11 to 13, confirm whether Form 10B or 10BB applies, prepare and certify the report, and file it on the portal ahead of your ITR-7 due date so your exemption is protected.

Talk to Patron's Trust Audit Team Today

The Form 10B audit report is the anchor of your trust's income tax exemption under Sections 11 and 12. Since AY 2023-24, the correct form - Form 10B or Form 10BB - turns on your total income before exemption, foreign contribution and any income applied outside India. Getting the form right and filing it at least one month before the ITR-7 due date protects your exemption and avoids demand.

Patron's Chartered Accountants confirm the correct form, reconcile your books, compute income under Sections 11 to 13, certify and upload Form 10B on the e-filing portal, and coordinate your ITR-7 filing. Where a genuine delay has occurred, we assist with condonation under Section 119(2)(b). We serve trusts, NGOs and institutions across Pune, Mumbai, Delhi and Gurugram with pan-India remote engagement.

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Content Created: 1 July 2026 | Last Updated: 1 July 2026 | Next Review: 1 October 2026 | Reviewed By: CA & CS Team, Patron Accounting LLP

This page is reviewed quarterly and immediately on CBDT notifications, changes to Rules 16CC and 17B, revisions to Forms 10B and 10BB, and updates to the due dates for the audit report and ITR-7.