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
Menu
taxation on AOP/BOI
Replies (1)
Income tax for individual is different from society tax so please calculate tax as per society slab
Recent Topics :
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
Related Topics :
CAclubindia
