Please reply..earlier i didnt get proper reply..

of individuals who like to manage the day to day affair of u organisation 6 u can show loss or nil income if proper books mainained and get audited even if u organise socity, form a trust , business or any form 7 even is mutual concept service tax appplied 8 if now illegal activity converted into legal so consequences of all authority like IT ,ST ready to face this is my personal view.1 co operative societs income also taxabale 2 as 3 crore amount involved geting books audited is complusary 3 so maintainance of book needed 4 registration under sec 25 of company act is some hassle work and money , time and management also need to organise 5 u can make association of person (AOP) of individuals who like to manage the day to day affair of u organisation 6 u can show loss or nil income if proper books mainained and get audited even if u organise socity, form a trust , business or any form 7 even is mutual concept service tax appplied 8 if now illegal activity converted into legal so consequences of all authority like IT ,ST ready to face this is my personal view.