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