Dear sir
I need to be file nil tax return of housing society, society don't have other income except Bank Interest all income is received from members contribution
when I file ITR-5 as per BS and P&L details
profit is showing and tax liability are showing against the same
but I think all contributions from members is not taxable
then how I can show this...plz suggest
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nil housing society filing tax return
Replies (3)
yes but how to show if tax liability is nil
exemption 80p ???
exemption 80p ???
not required to fill balance sheet and profit and loss details in ITR??
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