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Mutuality concerns itr
procedure to file itr in case of mutuality concerns.
Replies (8)
Please be more specific about query
As in which form to select and how to show the related details i.e. income and expediture in itr form and if any surplus is there then how to exempt it from tax.. since no such exemption is mentioned under section 10.
What type / category of assessee entity is ?
Rwa of housing society
1. For the purpose of the income tax act, it will be treated as Association of Person (AOP) and accordingly charged to tax.
Please refer the section and rules for detailed calculation.
Same procedure like other ITR's. File ITR 5
Can you please quote related section and rules
Section and rules related to what ?
Download ITR 5 and go through each schedules
Download ITR 5 and go through each schedules
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