A primary school which has registered u/s 12A but not taking any grant or donation ,the gross receipts of that school is near abt 200000/- & it doesn't hv taxable income this year nor in last three years but since it is regd u/s 12a it is getting it's books audited & filing return each year but is this necessary for this school to file return as income tax officer is not accepting ITR 7 saying to file online but ITR 7 can't be filed online, what to do?
I know one other NGO which was regd u/s 12A but not filing return for last few years.what will be it's consequences?
ITR 7
CA. Nuba Subzwari (CHARTERED ACCOUNTANT) (501 Points)
02 October 2010
CAclubindia
