banner_ad

Tds exemption for society

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 April 2016 Dear Sir,

Kindly inform us the certificate 12 AA .
Whether the same is sufficient to claim full tds exemption by the society .

Is there any document which needs to be submitted to the bank for claiming 100% tax deduction by the society.

Regards
Profile Image

CA SUNIL K GARG

Profile Image

CA SUNIL K GARG (Expert)
19 April 2016 Society seeking certificate u/s 12A read with section 12AA(1)(b) of the Income Tax Act, 1961 has to make an application in Form 10A along with other required documents to claim tax exemption. However registration does not confer tax exemption on the income of the trust/institution u/s 11 or 12 of the Income Tax Act, 1961. The availability of tax exemption, if any, will be considered by the assessing officer and will be granted subject to the fulfillment of conditions laid down in section 11 to 13 of the IT Act, 1961.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


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
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details