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Income tax rate for aop reged under soceities regn. act

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 August 2012 WHAT IS THE APPLICABLE TAX SLAB FOR AN AOP REGISTERED UNDER SOCIETIES REGISTRATION ACT, WHETHER IT IS MMR or REGULAR INDIVIDUAL SLAB. ALSO SUGGEST, WHICH FORM TO BE USED ITR5 OR ITR7
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Naresh Dharia F.C.A.

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Naresh Dharia F.C.A. (Expert)
05 August 2012 There is separate category of Taxable Entity for the Entity as Co Op Society...
Upto Rs.10,000 is Exempt...
It is treated as AOP

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