Aop or trust
This query is : Resolved
22 September 2013
Sir/Mam,
i) A Society regd under society act 1860 is trust or aop in income tax ?
ii) Which itr form to be used for this ?
iii) If receipt is more than 1 crore, which audit is reqd 44ab or form 10B ?
iv) if regd or not regd under section 12A then how return can be filed ?
v) Society is regd under 1860 act and not regd as trust. No property is held or there is no trustee, all are members. then form itr 5 should be applicable. but is there any clause in itr 5 for regn under section 12A/
Please help as the last date is 30th sept.
i) A Society regd under society act 1860 is trust or aop in income tax ?
ii) Which itr form to be used for this ?
iii) If receipt is more than 1 crore, which audit is reqd 44ab or form 10B ?
iv) if regd or not regd under section 12A then how return can be filed ?
v) Society is regd under 1860 act and not regd as trust. No property is held or there is no trustee, all are members. then form itr 5 should be applicable. but is there any clause in itr 5 for regn under section 12A/
Please help as the last date is 30th sept.
22 September 2013
1. AOP
2. ITR-5
3. If the activity comes under'business', 44AB audit is mandatory. Form 10B doesn't apply not being a 'trust'.
4. If 44AB applies,in view of clause 3 above, electronic filing is mandatory.
5. No.
2. ITR-5
3. If the activity comes under'business', 44AB audit is mandatory. Form 10B doesn't apply not being a 'trust'.
4. If 44AB applies,in view of clause 3 above, electronic filing is mandatory.
5. No.
22 September 2013
Harjeet Sahab,
If you are a charitable society registered under 12AA/12A, then File ITR7. Audit report shall be in Form 10B. Online filing is compulsory. Also, ITR7, also needs to be filed online.
If you are a charitable society registered under 12AA/12A, then File ITR7. Audit report shall be in Form 10B. Online filing is compulsory. Also, ITR7, also needs to be filed online.
11 October 2013
Thanks to all
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Supply through E-commerce Operators
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Relief u/s Section 89
- Sales return eway bill
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- STCG on ETF gold & silver
- If there is Long term capital gain exists how much total income to be considered
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
