Income tax retun of education society

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sita ram soni (Querist)
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24 July 2013 we are running educational society our gross receipts are about 89 to 90 lac and profit is 2 to 3 lac please guide us
Last date of filing of income tax Retun

and what tax slabes wilklkbe there

In case receipts exceeds rs 1 crore what procedure is to b e followed for income tax return

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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24 July 2013 You may start the procedure to get accounts audited from this year only, which you will supposed to be follow from the succeeding year .
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There are 3 slabs ...
1. 0-10000 (10%) 2. 10001to 20000 (20%) and above 20000 (30%).
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Due date /Last Date
For Audit cases 30.09.2013
For Non -Audit cases 31.07.2013.
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sita ram soni

sita ram soni (Querist)
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25 July 2013 Thank You Sir

Please also guide can we file return up to 30-9-2013 or have to file up to 31-07-2017. The gross receipts for the year 31-3-2012 was also 88 lac . But we filed the return on 31-7-2012. Now we have came to know that we have got accounts audited and file audiot report and return up 30-9-2013

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CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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25 July 2013 Yes, in case of audit case, due date will be 30.09.2013.
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