Please Resolve my quaery, AOP received money from out side india other than memeber and this receipt used for construction of toilet in AAShram. Following question in my mind. 1. AOP is treat as a trust?? 2. what will provision of income tax?? 3. Reeturn file under AOP and Trust??
28 January 2017
For receiving funds from out side India the AOP might have got registered under FCRA or got prior permission. 1 AOP might have registered as a Trust or a Society. 2 Unless registered u/s 12aa as charitable trust the funds received is taxable. 3 If not registered under income tax file return under AOP.