ITR for Co-operative Societies

Vinay A. Desai (TAX AUDIT and Co-operative Consultant)   (49 Points)

31 December 2010  

There's a lot of confusion for which ITR is to be used for Housing Societies ? Some say its ITR 7 as it should be submitted in paper form only and as it enjoys special previlage and some its ITR 5 as its an AOP. Surprisingly, the IT Dept is also confused. PLEASE HELP. Its Urgent....