It returns of society
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 June 2018
Dear Sir, i have been appointed as a Accounts manager for a Society which runs a school. i found that IT Returns are not filled from last three years. what are the rules that guides filing of IT in this situation.. upon observation of account i identified that there is no excess of income over expenditure.
04 June 2018
what is the turnover in this year?
Expert : Anonymous
Expert :
Anonymous
(Expert)
04 June 2018
Society being a AOP/BOI, it is compulsory to file ITR irrespective of excess income or not.
04 June 2018
Dear Anonymous expert. please note that if you are running a school and the turnover is below 1 cr, there is no ITR filing for such societies. That is why I asked the question, what is the turnover!
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
- Inventory of finished goods
- Tds on building rent monthly
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- GST Regis.
- Disallowance of Section 43B(h) to sez units
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- 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
Trending Online Classes
CAclubindia
