Taxation of mandir under societies registration act 1860

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Luksh Singla (Querist)
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18 January 2018 Sir, there is a Mandir Managing Committee registered under Societies Registration Act 1860 but not registered under Sec.12A of Income Tax Act. The receipts of Mandir are Rs 210000/- and net income is Rs 103010/-.Now I want to file income tax return of the mandir as an AOP. The fourth character of Pan Card is 'A' The two or three member's income exceeds basic exemption limit. The issue is whether Basic Tax Exemption Limit i.e. Rs 250000/- as applicable to individual is applied to that Mandir or whether there will be MMR applicable?
Is there any Audit required?
Is it AOP or Cooperative Society?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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18 January 2018 It's an AOP and if you file the return MMR will be applicable.

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Luksh Singla

Luksh Singla (Querist)
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21 January 2018 Respected Sir, Thanks for ur Reply but I read in an article that if there is a public trust i.e. a Mandir then there will be tax rates applicable to individual and if there are Private Trust let us a A business unit make AOP then there will be MMR applicable otherwise not.Am I right or wrong Sir?

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