TRUST(EDUCATIONA) WITHOUT 12A AND RECEIPTS MORE THAN 1 CR
This query is : Resolved
Rama Anjaneyulu
(Querist)
07 December 2019
What are the tax implication for a Educational institution having no 12A exemption and whose Gross receipts exceeds 1 crore.
Ayush Agrawal
(Expert)
07 December 2019
The requirement of tax audit would applicable on the educational institution and also no benefit of provision under section 11 & 12 available to the institution.
Rama Anjaneyulu
(Querist)
09 December 2019
Which ITR I have to File
Ayush Agrawal
(Expert)
09 December 2019
ITR 7 along with audit form 10B
Rama Anjaneyulu
(Querist)
09 December 2019
But they dont have 12 A Certificate
CA R SEETHARAMAN
(Expert)
11 December 2019
File ITR 5................
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