Return for association.

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is 10B for association like society also ???
I require to file returns for association,but it is considering 30%slab rate flat ...
pls help me in knowing abt form 10b and to file the return
Replies (1)

No. Audit report is not applicable to AOP like registered charitable trust.

The benefit of slab rate is allowed only if any member do not have taxable income. Otherwise the unregistered trust/AOP shall be taxed at MMR.

For un-registered trust/AOP, ITR Form 5 is applicable.

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