tax liability on school
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 April 2011
My client is a school and its net income for the year 2010-2011 is Rs 4.50 lacs.
what would be its tax liability.
what would be its tax liability.
14 April 2011
Income Tax is payable by a person as defined in the income tax act.
You have to specify about the person i.e. an individual, firm, company, trust, AOP, who is running the person.
You have to specify about the person i.e. an individual, firm, company, trust, AOP, who is running the person.
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
- 44AD VS 44AB AUDIT
- Purchase of property from NRI
- NRI get transferred fund from his own Indian account to his foreign US account without any approval
- GST APPLICABILITY TO DIAGNOSTIC
- CESS not claimed in GSTR3B either in inward supplies or outward supplies for the period Oct2025
- How to pay tds on mhada property
- Seeing a huge entry in AIS Purchase of time deposits (SFT-005), what it is for
- Query Regarding Refund Adjustment Against Outstanding Demand
- ITC claim on vehicle parts and repairing
- TDS Intimation(Short Deduction)
- TDS short payment of Rs 120 — how to adjust in new TRACES
- ITR WITH 0 TURNOVER
- Invoice wrongly made on another GSTIN
- Value of Perquisite Sec.10 (10CC)
- Multiple GST under same PAN
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
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
