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Re:- society balance sheet

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(Querist)
08 March 2013 Dear Friends

If any society registered under Society act but not registered U/s 12AA, if he received any life time membership fee from its member then where we have to show this amount in the balance sheet

Thanks in advance
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Soumitra Basu

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Soumitra Basu (Expert)
10 March 2013 You can take your own decision whether to show as corpus or General Fund.

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