Filing of return u/s 139(4a)

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 April 2015 Please explain the word 'total income' for the filing the return. Whether it is gross receipts or gross income after considering expenses. Gross receipts for the A.y 2010-11 is 195000.00 . Excess of Expenditure over income is 45000.00 The trust is registered u/s 12A. Whether it is mandatory to file return or nor. Please clarify asap. Thanks in advance

10 April 2015 As the trust is registered u/s 12A it is mandatory to file return. For the trusts the total income will be gross receipts. Expenses will be considered as application of income.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 April 2015 We had file the return late. now get the notice of late filing penalty. What to do....

11 April 2015 File the return seek condo-nation of delay for late filing.


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

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 08 July 2026
Articles

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
11 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details