Easy Office
LCI Learning

Exampt from filing or return u/s 10

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 March 2014 sir,

pleases give me a advice we are return file or not file because our educational institution and our object is not a derived income so we require a file a return or nor file

20 March 2014 According to the section 139(4C) for the education Institutions if their Total income exceeds basic exemption limit before giving effect u/s 10 provisions is required to file Income tax return.

So in your case if with out claiming exemption u/s 10 your total income exceeds basic exemption limit then required file Income tax return.

OM SAI SRI SAI JAI JAI SAI



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query