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Computation for housing society

Efiling 778 views 2 replies

Hi,

Want to file income tax return of a housing society. I want to know which ITR form is to be used.

The society has the following income for the year accounting year 11-12

Common Amenities : 481370              Non occupancy : 4500

painting fund : 61230                             Repair Fund : 457835

Service Charges : 355000                    Sinking fund  152860

Bank interst  : 15771                              Transfer fees : 25000

Want to know, which among the above is a taxable income.

Regards

 

Replies (2)

it's a trust...AOP..BOI...should file return in ITR 7 :)

 

computation will depend upon... if it's regd trust or nt wid IT dept...i guess :)


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