Itr for educational society
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 February 2017
Hi, my client is an Educational society claiming to be trust but is not registered u/s 12A of Income tax Act. It is neither granted funds by the Government. Which ITR is to be filed ? and whether tax audit or any other audit applicable if Turnover exceeds Rs 1 Crore ?
24 February 2017
File ITR 4, tax audit applicable if gross receipts exceeds 1 crore.
24 February 2017
Since it is society you have to file ITR -7
24 February 2017
Accept the correction it is ITR 5 in view of 12A not registered.
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