Relating to educational institution
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 March 2012
Gud Evng Sir, i am a newly qualified CA and one of the client came to says that he is running a educational institute under trust from 1976 but he had not filled any returns. his assumption is that he is exempted under section 10(23)C but he is not filled a application to i.t. department relating to 10 (23) C . he runs aided school and non - aided school also. what is the present position? at present he likes to file a i.t. return . plz replay as possible as early . he collected fees per student around 500/-per annum.
06 March 2012
Hi,
You stated total fees collection per student is Rs.500. What is the total income of this education institution for the current year?
You stated total fees collection per student is Rs.500. What is the total income of this education institution for the current year?
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 March 2012
nearly 70 lakhs only
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