income of mutual welfare society
This query is : Resolved
10 July 2008
hi
i have a query that i have a mutual welfare society working for welfare for the people of a bulding.
i want to know whether the inocme is exempted or not
also quote the relevant section
i have a query that i have a mutual welfare society working for welfare for the people of a bulding.
i want to know whether the inocme is exempted or not
also quote the relevant section
14 July 2008
Under the club and Association service the notification has specified the exemption limit for Residential welfare society subject to certain conditions and if the amount of contribution is not exceeding rupees three thousand per month per member, then it is not liable to service tax. The notific- 8/2007 dated 01.03.2007
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- 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
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
Trending Online Classes
CAclubindia
