one of my clinet is running school, under educational society, now the department issue letter to file return, because exceeding 10L deposits in banking company, my how to file return, i did not register 12A, PLEASE what i will do in this regard, can file itr, which itr used, how do we pay tax, my opinion is 1 croe does not exeed so that need not file it return, please guide to us
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Itr
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Income Tax Returns are to be filed. 12 A registration is mandatory for claiming exemptions if it is a charitable or religious Trust.
However An Education Institution can claim exemption under Sec 10(23C).
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