Sec 10(23)C Exemption
This query is : Open
22 January 2011
Sir,
Is a school, registered under societies Act, required to be registered under Income Tax Act to get exemption u/s 10(23)C ?
If yes what is the procedure for registration?
Pls guide me.
Is a school, registered under societies Act, required to be registered under Income Tax Act to get exemption u/s 10(23)C ?
If yes what is the procedure for registration?
Pls guide me.
23 January 2011
Yes an application has tobe made to the Director of Income Tax (Exemptions)in form no 56
Message likes :
1 times
26 January 2011
Could you pls give me the data regarding following two cases
Case-1
a school registered under societies Act & IncomeTax Act[sec-10(23)C]
Case-2
a school registered under societies Act but not registered under Income Tax Act[sec-10(23)C]
Question-
In both the cases
1) What are the applicable tax rates?
2) Whether the Audit is compulsory or Not?
3) Form of Audit Report? (10BB or 3CB/3CD)
4) Form of ITR? (ITR-4 /ITR-7)
Thank you.
Case-1
a school registered under societies Act & IncomeTax Act[sec-10(23)C]
Case-2
a school registered under societies Act but not registered under Income Tax Act[sec-10(23)C]
Question-
In both the cases
1) What are the applicable tax rates?
2) Whether the Audit is compulsory or Not?
3) Form of Audit Report? (10BB or 3CB/3CD)
4) Form of ITR? (ITR-4 /ITR-7)
Thank you.
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
