The Direct Taxes Committee (DTC) of the Institute of Chartered Accountants

of India (ICAI) is one of the important Committees of the ICAI which is

engaged in the matters related to direct taxes and makes representations to

the Government, Central Board of Direct Taxes and at other appropriate

forums from time to time on various legislative amendments and issues

concerning direct taxes. One of the main activities of the Committee is to

disseminate knowledge and honing skills of the membership in the area of

direct taxation.

 

The law relating to audit of charitable trusts and institutions is complex and

has been the subject matter of frequent amendments. I am happy to note that

the DTC of ICAI has come out with this publication namely “Technical

Guide on Audit of Charitable Institutions under Section 12A of the

Income-tax Act, 1961" so as to assist the members in meeting their

professional commitments.

 

I appreciate the efforts of CA. Chandrashekhar V. Chitale, Chairman, Direct

Taxes Committee, CA. Raj Chawla, Vice-Chairman, Direct Taxes Committee

and all other Members of the Committee who have worked sincerely for

bringing out this publication in a timely manner.

 

I am confident that this publication will be a useful resource for the members

and other concerned stakeholders.