EXEMPTION U/S 10 23(C)
This query is : Resolved
KISHOR D ADHIA
(Querist)
20 June 2011
MY QUERRIES ARE AS FOLLOWS PLS SOLVE THEM AND OBLIDGE
MY CLIENT IS AN EDUCATIONAL REGISTERED TRUST CLAIMING EXEMPTION U/S 10(23C) AND ITS REGISTERED UNDER SOCIETY ACT ALSO
MY QUERRIES ARE
1 UNDER WHICH SUBSECTION IT SHOULD GET EXEMPTION
2 ITS TOTAL GROSS RECEIPTS IS BELOW RS 1 CRORE INCLUDING GRANT RECEIVED FROM SOCIAL WELFARE DEPARTMENT OF MAHARASHTRA STATE CAN THE TRUST CONTINUE TO CLAIM EXEMPTION U/S 10(23C)
3 IS THE TRUST SUPPOSED TO FILE THE FORM NO 10BB IF YES IS IT TO BE SUBMITTED ALONG WITH THE INCOME TAX RETURN OR NOT.
KINDLY SOLVE THE QUERRIES AS SOON AS POSSIBLE
THANKS
KISHOR D ADHIA
kdadhia@yahoo.co.in
MY CLIENT IS AN EDUCATIONAL REGISTERED TRUST CLAIMING EXEMPTION U/S 10(23C) AND ITS REGISTERED UNDER SOCIETY ACT ALSO
MY QUERRIES ARE
1 UNDER WHICH SUBSECTION IT SHOULD GET EXEMPTION
2 ITS TOTAL GROSS RECEIPTS IS BELOW RS 1 CRORE INCLUDING GRANT RECEIVED FROM SOCIAL WELFARE DEPARTMENT OF MAHARASHTRA STATE CAN THE TRUST CONTINUE TO CLAIM EXEMPTION U/S 10(23C)
3 IS THE TRUST SUPPOSED TO FILE THE FORM NO 10BB IF YES IS IT TO BE SUBMITTED ALONG WITH THE INCOME TAX RETURN OR NOT.
KINDLY SOLVE THE QUERRIES AS SOON AS POSSIBLE
THANKS
KISHOR D ADHIA
kdadhia@yahoo.co.in
CA MANOJ GUPTA
(Expert)
21 June 2011
U ARE COVERED BY SECTION 10(23c)(iiiad)
no need to file form 10BB
CA MANOJ GUPTA
JODHPUR
09828510543
no need to file form 10BB
CA MANOJ GUPTA
JODHPUR
09828510543
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KISHOR D ADHIA
(Querist)
19 September 2013
THANK YOU VERY MUCH FOR THE SUPPORT YOU HAVE GIVEN
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