Does a NPO firm need to get its accounts audited by a Chartered Accountant?

Dear student,

As per the Taxation Laws, it is mandatory for every organisation to get its account audited where its income exceeds the minimum exemption limit. (presently the minimum exemption limit is Rs.2,50,000)

Regards!!

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If its gross receipts exceeds exemption limit i.e. Rs. 2.5 lakh
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