Goshala
This query is : Resolved
Quick Summary
Aravind Manthani
(Querist)
17 March 2021
I have a client, he was running goshala registered with a trust deed at register office and not registered as per sec 12AA of income tax act so how can I proceed in IT returns and books of accounts and can I register under sec 12AA or can i file return without registration under 12AA and how to treat the income from donations and sale of milk
CA R SEETHARAMAN
(Expert)
17 March 2021
Without registration you can't file ITR under 12AA.
Tax payable on donation and profit on sale of milk
Tax payable on donation and profit on sale of milk
Aravind Manthani
(Querist)
17 March 2021
can i file ITR 5 without registered in 12AA
CA R SEETHARAMAN
(Expert)
17 March 2021
Yes file ITR 5 and pay taxes.
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