One of my client is Educational Society and covered U/s 10 (23C) (iiiad ) and having gross income above taxable limit please suggest which form of ITR I have to file and which documents/ report I have to attach with ITR . Annual receipt is more than Rs.40 Lacs please reply whether regular books of account has to be maintained u/s 44 AA and Audit is required U/s 44 AB or under any other section of the act.
Menu
Anybody Know
Replies (1)
Dear Santosh Sir,
Return is to be filed in ITR 7 if total income before exemption exceeds exemption limit. ...Rule 12 read with Sec 139(4C).........
Audit is required.........
Recent Threads
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responsible for paying GST Liability (If th
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
Related Threads
CAclubindia
