Who is required to file an audit report in Form 10B?
​​​The trusts or institutions registered under Section 12AB or approved under Section 10(23C) which satisfy any of the following conditions must file an audit report in Form 10B.

​If the total income of the trust or institution, without giving effect to the provisions of Sections 11 and 12 or Section 10(23C) (iv), (v), (vi), (via) of the Act, exceeds Rs. 5 crores during the previous year;
If such trust or institution has received any foreign contribution during the previous year; or
If such trust or institution has applied any part of its income outside India during the previous year.​