27 February 2016
Dear sir, I registered a society(state based) under society registration Act 1860 in April 2014 & didn't get registration in 12A for income tax purpose. Since then only its secretary & treasurer (both spouse) have contributed approx 150000 in financial year 2014-15 from their own pocket towards expenses of public welfare like-training to women for sewing machine,etc. Now please suggest : 1. Which ITR form should i fill up? 2. Who will sign ITR Form ? Can Secretary do so ? 3. Can society get basic exemption limit so that its taxable income become NIL? Please give your valuable suggestion.
02 March 2016
Thanks Nikhil ji. The net income of society is zero. It has earned nothing. Only capital has been contributed towards expenditure of Society by secretary & treasurar.
06 March 2016
Sir whether Society registered under society act 1860 will be treated as AOP or Artificial judicial person? plz clarify me as while i m registering user for itr filing i have to choose my "USER TYPE"
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