Association of persons

213 views 2 replies

Dear sir/Madam,

I have a query on  ITR filing of association of person AOP,

Here the case is 

1. we created one AOP for maintaince of entire appartment for this purpose we collected amount from the members and the same amount spent for maintance purpose at the end of the month we have some surplus money which is not spent , what ever i collected from the members is crossed basic examption limit. whether i needs to be file income tax return 

2. what ever i had surpuls amount i deposited in bank for that i had received interest affter tds 

3.how to clime my TDS amount 

4. if i use mutuality concept there is no taxable amount but how to recover my TDS amount with out filing ITR

Replies (2)
show interest Income for AOP and claim TDS amount as refund.
so filing itr is must

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