TAXATION OF HOUSING SOCIETY
This query is : Resolved
27 June 2009
WHAT IS THE PROCESS OF TAXATION OF HOUSING SOCITY,
SOCIETY IS LIABLE TO PAY ANY INCOME TAX??
CONFRIM PLZ..
SOCIETY IS LIABLE TO PAY ANY INCOME TAX??
CONFRIM PLZ..
Sanjeev Jain
(Expert)
28 June 2009
Hie Jagdish,
Yes, Society is liable to pay Income tax however not liable to pay Wealth Tax.
Taxation process will be carried out according to da status of the society and the limit defined for the max. amount which can not be charged to tax.
Yes, Society is liable to pay Income tax however not liable to pay Wealth Tax.
Taxation process will be carried out according to da status of the society and the limit defined for the max. amount which can not be charged to tax.
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
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- ARCA LOGIN
- RCM and same line
- TDS Return Statement Status
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Appointment of Auditor By Form ADT-1
- Closer of business and itc of capital goods
- Rent agreement of House of deceased person
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
