The trust under consideration is registered as AOP-Society under societies registaration act 1860, it has applied its income for its objects but has not 12A registration can it still claim exemption while filing ITR?
The trust under consideration is registered as AOP-Society under societies registaration act 1860, it has applied its income for its objects but has not 12A registration can it still claim exemption while filing ITR?
Registration under 12AA is not obtained
But excess of income over expenditure is less than 250000
Then file return claiming basic exepmtion limit.ITR 7 can be filed(unregistered is to be selected )
O P Bagla & Co LLP
New Delhi
CA Inter
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T R SOOD & CO
New Delhi
CA Inter
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CAclubindia
