Itr 5

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PRAMOD KUMAR (Querist)
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30 July 2011 What do you fill in the column [percentage of share] in case of credit co-operative society? Form ITR 5

Also if there are 10000 members, details of each member is required or only promoters of the credit coperative limited will be sufficient?

Ravikant

Ravikant (Expert)
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30 July 2011 If you put only one member (any one) details it will accept the Form

PRAMOD KUMAR

PRAMOD KUMAR (Querist)
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30 July 2011 But will the return still be valid and not termed as Defective?

Will it not amount to suppression of facts?

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Ravikant

Ravikant (Expert)
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30 July 2011 No it will be a valid return and no suppression of facts, as the return itself tells this method when you dont fill anything and directly press validate button