Charitable/Religious Trust ITR Checklist

Charitable/Religious Trust ITR Checklist

Basic Trust Information

• PAN of the Trust• Trust Deed / Instrument of Trust• Registration Certificate under Public Trust Act / Society Registration Act, if applicable• Registered Office Address Proof• Email ID and Mobile Number of Trust• Previous Year's ITR Acknowledgment and Computation• Details of Amendments to Trust Deed during the year, if any

Registration & Approval Details

• Registration Certificate under Section 12AB• Approval under Section 80G, if applicable• Approval under Section 10(23C), if applicable• Copies of Registration Renewal Orders, if any• Details of Applications filed for Registration/Renewal during the year

Trustee Details

•List of Trustees / Managing Committee Members• PAN of Trustees• Aadhaar of Trustees, if available• Residential Address of Trustees• Details of Appointment/Resignation of Trustees during the year

Books of Accounts

• Receipts and Payments Account• Income and Expenditure Account• Balance Sheet• Trial Balance• General Ledger• Cash Book• Bank Book

Bank Accounts

• Bank Statements for all accounts for the financial year• Details of Cash Deposits during the year• Closing Balance Confirmations• Details of New Accounts Opened during the year• Details of Accounts Closed during the year

Corpus Fund & Donations

• Corpus Donation Details• Corpus Donation Receipts• General Donation Details• Donation Register• Anonymous Donation Details, if any• Foreign Contribution Details, if any• Donor-wise Contribution Summary

Income Details

• Voluntary Contributions Received• Corpus Contributions Received• Grant Income Received• Interest Income Details• Dividend Income Details• Rental Income Details• Other Income Earned During the Year

Application of Income

• Details of Charitable Activities Undertaken• Program-wise Expenditure Details• Educational Activities Expenditure, if applicable• Medical Relief Activities Expenditure, if applicable• Religious Activities Expenditure, if applicable• Administrative Expenses• Project-wise Utilization Details

Accumulation of Income

• Details of Income Accumulated for Future Application• Purpose-wise Accumulation Details• Supporting Resolutions, if any• Investment Details of Accumulated Funds

Fixed Assets

• Fixed Asset Register• Details of Additions during the year• Details of Assets Sold/Disposed during the year• Asset Purchase Invoices• Depreciation Working, if maintained

Investments & Deposits

• Investment Statements• Fixed Deposit Statements• Mutual Fund Statements, if any• Government Securities Details, if any• Details of Investments Held During the Year

Related Party Transactions

• Details of Payments to Trustees• Details of Benefits Provided to Trustees or Specified Persons• Transactions with Related Parties• Loans or Advances Given to Related Parties, if any

Foreign Contribution (If Applicable)

• FCRA Registration Certificate• FCRA Return Filed During the Year• Foreign Contribution Receipts• FCRA Bank Statements• Utilization Statement of Foreign Contributions

TDS / TCS Details

• Form 26AS• AIS (Annual Information Statement)• TIS (Taxpayer Information Summary)• TDS Certificates Received• TDS Return Acknowledgements, if applicable• TCS Details, if applicable

Audit Documents

• Audit Report• Audited Financial Statements• Audit Report in Prescribed Form, if applicable• Notes to Accounts• Management Representation Letter, if any

Statutory Compliance Documents

• Annual Activity Report• Governing Body Meeting Minutes• Trustee Meeting Minutes• Approvals Received from Government Authorities, if any• Grant Utilization Certificates, if any

Compliance & Litigation

• Income-tax Notices Received During the Year• Assessment Orders Received During the Year• Demand Notices, if any• Appeal Orders, if any• Charity Commissioner Notices, if any• FCRA Notices, if any• Details of Pending Litigation Matters

Final Verification Before Filing

• Financial Statements Finalized• Donation Records Reconciled• Corpus Fund Reconciled• Application of Income Verified• Accumulation Details Verified• AIS and Form 26AS Reconciled• Tax Liability Confirmed, if any• ITR Reviewed and Approved• Return Verified by Authorized Trustee / Managing Trustee