Filing of return of charitable trust
This query is : Resolved
30 August 2013
Need urgent help as I am working as volunteer with a charitable trust which works with underprieveliged children. The trust was established in Dec 2009 but it has never filed its return so far. I have following questions :
a) do trust have to file return for FY2009-2010 as well.
b) is it possible to file return for FY2010-2011,2011-2012,2012-2013 in one go.Also can all these three years be done online.
c) what is the simple process for filing the return.
Thanks
a) do trust have to file return for FY2009-2010 as well.
b) is it possible to file return for FY2010-2011,2011-2012,2012-2013 in one go.Also can all these three years be done online.
c) what is the simple process for filing the return.
Thanks
30 August 2013
Dear Ashima,
Yes the return has to be filed.however, the return till a.y 2011-12 have become time barred and cannot be filed now.
However the returns for a.y 2012-13 and 2013-14 can be filed.
Also Ashima I have sent you a pvt. Msg on this topic....pls have a look...i am sure it will be very useful for you in.your work.
-Ankit
Yes the return has to be filed.however, the return till a.y 2011-12 have become time barred and cannot be filed now.
However the returns for a.y 2012-13 and 2013-14 can be filed.
Also Ashima I have sent you a pvt. Msg on this topic....pls have a look...i am sure it will be very useful for you in.your work.
-Ankit
Message likes :
1 times
30 August 2013
Thanks so much Ankit for your quick revert. I have a further question :
a) Trust wants to apply for 80G exemption so what impact non filing of return for AY 2011-2012 will have.Is there any alternative solution.
b) also I have responded to your PM. Pls check and revert.
Thanks again for your help with this.
a) Trust wants to apply for 80G exemption so what impact non filing of return for AY 2011-2012 will have.Is there any alternative solution.
b) also I have responded to your PM. Pls check and revert.
Thanks again for your help with this.
31 August 2013
You are welcome..:)
unfortunately, you will have to submit the copies of the returns for the last 3 years along with the application for the 80G exemption
Have reverted to your PM...you may have a look
unfortunately, you will have to submit the copies of the returns for the last 3 years along with the application for the 80G exemption
Have reverted to your PM...you may have a look
31 August 2013
But Ankit there must be some solution/provision for it. How can the trust file for 80G exemption now.
31 August 2013
What you could do it,
file the returns for 2 years that is A>Y 2012-13 and 2013-14...
and then apply for the 80G.
and then when, the A.O calls you for the hearing, you can explain the facts to him...you can keep a draft reply ready for submission to the ito
have also sent you the PM...you saw that???
file the returns for 2 years that is A>Y 2012-13 and 2013-14...
and then apply for the 80G.
and then when, the A.O calls you for the hearing, you can explain the facts to him...you can keep a draft reply ready for submission to the ito
have also sent you the PM...you saw that???
31 August 2013
Thanks for your help. Please send me the PDF . I have sent you mail ID through PM. Thanks
31 August 2013
yes..sure..have sent it to you...
pls check and confirm...
pls check and confirm...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Should I report my US salary for January, February, March in Schedule FA?
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
