10(23ac) exemption
This query is : Resolved
09 November 2012
WHEN A SOCIETY REGISTERED UNDER SOCIETIES ACT
THEN WHETHER INCOME FROM A SCHOOL(WHICH IS RUN UNDER THE SOCIETY) IS EXEMPTED OR NOT?
2.IN WHICH SECTION THE AUDIT OF SOCIETY IS CONDUCTED?
3.IF RECEIPTS OF SCHOOL(WHICH IS RUN UNDER THE SOCIETY NAME)IS RS.32 LAKHS IN F.Y.2010-2011 & RS. 80 LAKH IN F.Y.2011-2012
THEN WHETHER AUDIT IS COMPULSORY FOR A SOCIETY?
THEN WHETHER INCOME FROM A SCHOOL(WHICH IS RUN UNDER THE SOCIETY) IS EXEMPTED OR NOT?
2.IN WHICH SECTION THE AUDIT OF SOCIETY IS CONDUCTED?
3.IF RECEIPTS OF SCHOOL(WHICH IS RUN UNDER THE SOCIETY NAME)IS RS.32 LAKHS IN F.Y.2010-2011 & RS. 80 LAKH IN F.Y.2011-2012
THEN WHETHER AUDIT IS COMPULSORY FOR A SOCIETY?
10 November 2012
INCOME OF SCHOOL IS EXEMPT.
AUDIT IS NOT COMPULSORY.
AUDIT IS NOT COMPULSORY.
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