Easy Office

Computation of taxable income of trust

This query is : Open 
Profile Image

Profile Image

(Querist)
19 December 2014 Hi...
I have One trust which run one educational institute ...And No certificate of 12A or 80G...

At the time file of ITR 7 of AY 2013-14 shown Income Rs 42000..

In Intimation 143(1) demand Of Rs 17000 (i.e. 30% flat + Intrest)

Please Give me solution for tax Demand.....
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
19 December 2014 As you have not registered u/s 12A you can't file your return ITR 7. First register u/s 12 A and then file ITR 7. Till registration file ITR 5.
File rectification u/s 154.
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
19 December 2014 you can file itr -5 and can file rectification u/s 154



Profile Image

NitinKumar Dudhatra

Profile Image

NitinKumar Dudhatra (Querist)
19 December 2014 So, As per rectification u/s 154.
My tax is payable or Not ?????????

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links