Hey Everybody. There is a Society which deals in production of short films, arranging theatrical plays, educating students in the field of acting / music and similar interests. The Society Wholly funds its expenditure from the grants recieved from Central/ State government and has no other income of its own. It wants to apply for Income tax and TDS exemptions. Anyone having any idea how to deal with this situation, under which section can it apply for tax and TDS exemptions, And what are the formalities. Please, Its sort of urgent if anyone hows the procedure or information.
Menu
Exemption From tax for a society
Replies (1)
Apply for registration u/s 12AA. Registration process is cumbersome as is film making.
CIT after many enquiries grant the registration. therefore
Take help of a professional who has done this work.
Recent Topics :
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
Related Topics :
CAclubindia
