Self help group come under it act

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 February 2012 If a Self Help Group Earn Rs.39000 per month then it is taxable under IT Act?If it is taxable then under which section?----194C is applicable for SHG ?

28 February 2012 Please clear the Self Help Group , whether is a group of people or ealse. Thanks

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Querist : Anonymous

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28 February 2012 self help group means a group of 10 to 20 poor people whose per capita income is near about Rs.20,who are engaged in different types of work like as a outsourced agency but actually not an agency or contractors.


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