Aop


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 May 2012 what are tax provisions applicable to AOP
IS LIKE fLAT OWNERS ASSOCIATION AS THEY ARE COLLECTING FROM MEMBERS FOR MAINTENANCE AND ALSO HAVING FDR IN BANKS ,SHOULD WE FILE INCOME TAX RETURNS IF SO WHAT ARE EXEMPTIONS AVAILABLE can I avail the exepmtion u/s 44A OR ANY OTHER SECTIONS ARE AVAILABLE TO CLAIME ANY EXEMPTION

08 May 2012 AOP : no basic exemption limit. Tax rate is 30%. ALways advisable to file return for the INCOME.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 May 2012 thank you
what about section 44A CAN I AVAIL EXEMPTION UNDER THIS SECTION FOR FLAT OWNERS ASSOCIATION


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
11 August 2026
COMPLIANCE EXECUTIVE

YMW COMPLIANCE SERVICES LLP

Others

CA Final

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
11 August 2026
Manager / Senior Manager - Statutory Audit

CommerceCareer

New Delhi

CA

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

K R Kiran Kumar & Associates

Bengaluru

CA Inter

View Details