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Tax filing of aop

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C.A FINAL
828 Points Posted on 16 April 2017
I have a query in relation to income tax filing of aop. The Aop earned 230000 income last year. My question is that whether Aop is required to file return showing min 8% profits or should it file actual profits of 1%?? If it can file showing actual profit of 1% does the Aop needs to get audit done.
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On 16 April 2017 at 15:54 Report
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yes it has to file return 

it should be clear what purpose funds collected

audit has to be done 

go throuh income tax section 11 and 12 and 13 

 

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On 16 April 2017 at 16:09
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C.A FINAL
828 Points Posted on 17 April 2017

This is an AOP. Please reply considering the points mentioned in question.

Thanks.

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On 17 April 2017 at 11:19


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