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Educational institution registration
We are running a Fine Arts School in Koramangala.
Have expansion plans as an Arts Academy. Hence want to Register. Our school also undertakes a lot of social cause activities Hence want to know on Registration- Proprietary, ,Partners ( Husband and wife) Trust . What would be the tax implications .
Replies (2)
Well the sort of advice you are seeking is not possible for anyone to deliver through this forum.
lets start from the last
You need to Submit ITR 7 as your Income Tax return.
Instead of preparing profit & loss account , you need to prepare Receipts & payments Account.
You need to register your Institute as a society under the
lets start from the last
You need to Submit ITR 7 as your Income Tax return.
Instead of preparing profit & loss account , you need to prepare Receipts & payments Account.
You need to register your Institute as a society under the
Thank You.
Can you advise on the Registration Procedure as a Society
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