Hi everyone
One of my client has registered a society under societies act. I want to know whether the society would be taxable as an AOP or as an individual.
The main function of the society is to work as an NGO. Whether the income of the society can be exempted?
Also whether the 80G certificate can be granted to it?
If not, what is scope of taxation applicable to this society?
You are a C A.
So Why you don't know this question?
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