Trust/aop


This query is : Resolved 

(Querist)
18 March 2015 Members have contributed/donated around total 2,00,000 .AOP agreement, pan, tan, bank account has been issued/done.
Could anyone guide as what are tax compliances for the year. Is audit to be done ? filing of return is required ? trust registration required ?

18 March 2015 where they have donated and to whom? pls mention ur query in detail...

rachna (Querist)
18 March 2015 An AOP is formed for promotion of sports and contributions are received from members and non member for same

Around 150000 is receive as membership fee and donation for it and 75000 is expended in organising sports event and dinner and prize. 75000 are invested as FD (FD in name of AOP)

rachna (Querist)
18 March 2015 Thank you so much for your reply...


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