Itr 5


This query is : Resolved 

(Querist)
30 July 2011 What do you fill in the column [percentage of share] in case of credit co-operative society? Form ITR 5

Also if there are 10000 members, details of each member is required or only promoters of the credit coperative limited will be sufficient?

Ravikant (Expert)
30 July 2011 If you put only one member (any one) details it will accept the Form

PRAMOD KUMAR (Querist)
30 July 2011 But will the return still be valid and not termed as Defective?

Will it not amount to suppression of facts?

Ravikant (Expert)
30 July 2011 No it will be a valid return and no suppression of facts, as the return itself tells this method when you dont fill anything and directly press validate button


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