Income tax return filing requirement of a christian church
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 January 2018
Sir,
I want to know the legal provisions relating to requirement of filing of IT returns a religious trust registered u/s 12A. Also whehter building construction fund received is taxable or not?
Thanks in advance.
I want to know the legal provisions relating to requirement of filing of IT returns a religious trust registered u/s 12A. Also whehter building construction fund received is taxable or not?
Thanks in advance.
CA R SEETHARAMAN
(Expert)
23 January 2018
Return with audit report in form 10b required if income before claiming exemption u/s 11 and 12 exceed 2.50 lacs
Building construction fund is exempt from tax.
Building construction fund is exempt from tax.
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