School audit / tax

This query is : Resolved 

26 May 2012 Whether School ( not for the purpose of Profit) run by AOP having fees collection Rs 1 Crore during the year is required to file Income Tax Return ??? & Which form of Return to be filed???

And also Please clarify the position when the fees collection is less than Rs 1 Crore during the year ...

27 May 2012 Irrespective of fees every school has to file its return of income to its jurisdictional assessing officer in ITR-7.

27 May 2012 Hi Mr Deepak,

I am totally agreed with Mr Basu and this form will be filed manually.

Thanks & Regards
CACS Mukesh Goyal
+91-99105-30973
MUKESHGOYAL29@Gmail.com


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details