Status for Building Association
This query is : Resolved
CA.KUNJAR SHAH
(Querist)
26 April 2010
One of my client wants to create association for maintenance of his builidng. I want to know the income tax status under which I can apply for PAN card. Also let me know the format of deed for creation of such association.
26 April 2010
it is a Association of Person so u can apply for PAN card as AOP
CA.KUNJAR SHAH
(Querist)
26 April 2010
sorry sidharth i convey you no thanks gesture. its my first time and i dont know the meaning of sign. Kindly consider my no thanks as thanks.
CA.KUNJAR SHAH
(Querist)
26 April 2010
But Sidharth if i consider it as AOP, at the time of filing return i have to consider the income of each member to decided the tax rate of AOP because if income of any member exceeds maximum amount not chargeable to tax then tax effect shall be different.
CA. Ashish Bihani
(Expert)
26 April 2010
You can form Housing Co-operative Society for the same. Status will be of Co-operative Society.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Capital Gail Exemption Certificate
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Transfer of Physical Stock Between Two Proprietorship Concerns
- MSME disclosure and disallowance
- Taxation of crypto futures in India Fy 2026- 2027
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
