06 August 2024
A statutory body is enacted as per Advocate Act 1961. As per Supreme Court Judgment, income of statutory body is exempt u/s 10 (23 A) and section 11.
Since AY 2020-21, Form 10 B is mandatory to be filed. Due to lack of knowledge, Form 10B was not filed in time.
Income tax sent notices since AY 2020-21 , 2022-23, 2023-24 and made all income taxable. How to solve all the problems. Please guide.
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