Rates of income tax for educational society

This query is : Resolved 

21 September 2011 Thanks
But do I need to get my accounts audited.


21 September 2011 Return are compulsory for society.

And rate of taxes are till Rs.10,000 Nil rate
Rs. 10,001 - 20,000 10% , Till Rs. 30,000 20 % rate and above that 30% rate.

In your case you will have to file return.


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