I have filled ITR 5 for a society for ay 2018-19. I have calculated income tax as individual slab rate. but I have received intimation u/s 143(1). In that intimation, tax was calculated 30 % on total income. total income of the trust is rs.254285/-. I have calculated tax rs.3658. as per intimation tax was rs. 96945/-
could you please clarify what mistake I have done the return. thanks in advance
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taxation on AOP/BOI
Replies (1)
Income tax for individual is different from society tax so please calculate tax as per society slab
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