banner_ad

Taxation of society

This query is : Resolved 
Profile Image

Guest

Profile Image

Guest (Querist)
20 December 2015 Pls suggest me how to deal. A AOP is registered under society act 1860, 12A registration has not been done. The main income is collection from members for running the association. Another income is dontion which is nominal amoount. The total amount collected from members is more than 60 lacs and surplus amounts to 50 lac. Other income is fixed deposit income. Kindly suggest me, tax implications. And deductions under chapter VI
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
20 December 2015 is the share of beneficiaries determinate or indeterminate?
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


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details