Audit report under section 10(23C) of the Income-tax Act, 1961, in the case of any fund or trust or institution or any university or other educational institution or any hospital or other medical institution referred to in sub-clause (iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of section 10(23C)
Printed from www.taxmann.com Page 1 of 5 FORM NO. 10BB [See rule 16CC] Audit report under section 10(23C) of the Income-tax Act, 1961, in the case of any fund or trust or institution or any university or other educational institution or any hospital or other medical institution referred to in sub-clause (iv) or sub-clause (v) or sub-clause (vi) or sub- clause (via) of section 10(23C). (i)* I/We have examined the Balance Sheet as at and the Income and Expenditure or Profit and Loss Account for the year ended on that date attached herewith of (name of fund or trust or institution or any university or other educational institution or any hospital or other medical institution). (ii) *I/We certify that the Balance Sheet and the Income and Expenditure Account or Profit and Loss Account are in agreement with the books of account maintained by the head office at and branches. (iii) Subject to comments below (a) *I/We have obtained all the information and explanations which to the best of *my/our knowledge and belief were necessary for the purpose of the audit. (b) In *my/our opinion, proper books of account have been kept by the head office and branches of the above-named fund, or trust, or institution or any university or other educational institution or any hospital or other medical institution so far as appears from *my/our examination of the books of account. (c) In *my/our opinion and to the best of *my/our information and according to the information given to me/us, the said accounts read with notes thereon, if any, give a true and fair view - (1) In the case of the Balance Sheet, of the state of affairs of the above-named fund, or trust, or institution or any university or other educational institution or any hospital or other medical institution as at and (2) In the case of Income and Expenditure Account or Profit and Loss Account, surplus or deficit or profit or loss for the year ended on that date. The prescribed particulars are annexed herewith : Place: Date: Signed Membership No. Address Notes: 1. *Strike out whichever is not applicable. 2. This report has to be given by (i) a chartered accountant within the meaning of the Chartered Accountants Act, 1949 (38 of 1949); or (ii) any person who, in relation to any State, is, by virtue of the provisions of sub-section (2) of section 226 of the Companies Act, 1956 (1 of 1956), entitled to be appointed to act as an auditor of the company registered in that State. Printed from www.taxmann.com Page 2 of 5 3. Where any of the matters stated in this report is answered in the negative, or with a qualification, the report shall state the reasons for the same. ANNEXURE Statement of particulars PART A-GENERAL 1. Name of the found or trust or institution or any university or other educational institution or any hospital or other medical institution. 2. Address 3. Permanent Account Number 4. Assessment Year 5. Sub-clause of section 10(23C) under which the fond or trust or institution or any university or other educational institution or any hospital or other medical institution is seeking exemption. 6. Number and date of notification/approval of the fond or trust or institution or any university or other educational institution or any hospital or other medical institution. PART B - APPLICATION OF INCOME FOR CHARITABLE OR RELIGIOUS OR EDUCATIONAL OR PHILANTHROPIC PURPOSES 7. Nature of charitable/religious/educational/philanthropic activity [as referred to in sub-clauses (iv),(v),(vi) or (via) of section 10(23C)] 8. Total income of the previous year of the fond or trust or institution or any university or other educational institution or any hospital or other medical institution 9. Amount of income of the previous year applied during the year wholly and exclusively to the objects for which it is established 10. Amount of income of the previous year accumulated for application, wholly and exclusively, to the objects for which it is established, to the extent it does not exceed 15% of income of that year. 11. Amount of income, exceeding 15% of income of the year, accumulated in accordance with clause (a) of the third proviso to section 10(23C). Printed from www.taxmann.com Page 3 of 5 12. (a) Whether, during the previous year, any part of the income, not exceeding 15% of income accumulated in any earlier year, was applied for purposes other than to the objects for which it is established or has ceased to be accumulated for application thereto? (b) If the answer to (a) above is 'yes', then give details of income so applied or ceased to be so accumulated 13. (a) Whether, during the previous year, any part of the income of any earl
