Computation of taxable income of trust
This query is : Open
NitinKumar Dudhatra
(Querist)
19 December 2014
Hi...
I have One trust which run one educational institute ...And No certificate of 12A or 80G...
At the time file of ITR 7 of AY 2013-14 shown Income Rs 42000..
In Intimation 143(1) demand Of Rs 17000 (i.e. 30% flat + Intrest)
Please Give me solution for tax Demand.....
I have One trust which run one educational institute ...And No certificate of 12A or 80G...
At the time file of ITR 7 of AY 2013-14 shown Income Rs 42000..
In Intimation 143(1) demand Of Rs 17000 (i.e. 30% flat + Intrest)
Please Give me solution for tax Demand.....
CA R SEETHARAMAN
(Expert)
19 December 2014
As you have not registered u/s 12A you can't file your return ITR 7. First register u/s 12 A and then file ITR 7. Till registration file ITR 5.
File rectification u/s 154.
File rectification u/s 154.
Message likes :
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Rupesh Jain
(Expert)
19 December 2014
you can file itr -5 and can file rectification u/s 154
Message likes :
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NitinKumar Dudhatra
(Querist)
19 December 2014
So, As per rectification u/s 154.
My tax is payable or Not ?????????
My tax is payable or Not ?????????
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