Society (rwa) registered under societies registration act, 1860

Rajat (one) (33 Points)

09 September 2019  

We have recently registered a RWA for our colony (under Societies Registration Act, 1860)

I have the following queries:

1) When we apply for PAN card of the Society, we will register as - 'ASSOCIATION OF PERSONS' OR 'BODY OF INDIVIDUALS'?

2) Will we be required to pay income tax on contributions received from members?