Trust demand related query
This query is : Resolved
05 January 2018
sir i make trust but it is not registered trust but i filled return in form no. 7 which is applicable for registered trust but as per right provision i should file this return in form no 5 and i paid tax as per trust provision but i should pay tax as per AOP/BOP provision so i get demand 150000/- for 3 year,,,
so i want to ask that is there any remedy available from that demand ......
as perAOP provision if no AOP member has income above exemption limit then individual limit aplicable can i chellange for the same ....
please guide me
so i want to ask that is there any remedy available from that demand ......
as perAOP provision if no AOP member has income above exemption limit then individual limit aplicable can i chellange for the same ....
please guide me
05 January 2018
Yes you can challenge the same provided you selected the option while filling the return.
05 January 2018
Prima facie, there is no scope for appeal.
06 January 2018
File appeal before CIT declaring no member having taxable income and request the application of individual slab rate.
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
