itr of society

pankaj kumar (meerut) (161 Points)

25 September 2018

utilisation of surplus in ITR 7what is this

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4 Replies

Kishore Mohan (48 Points)
Replied 25 September 2018

It is the Surplus related to past year utilised in current year

pankaj kumar (meerut) (161 Points)
Replied 26 September 2018

what should we do in it

Kishore Mohan (48 Points)
Replied 26 September 2018

You have to mention in application of funds, the amount of funds applied from previous financial year's Surplus in current year if any utilized

pankaj kumar (meerut) (161 Points)
Replied 26 September 2018

is it mandatory to mention funds amount .Can we mention zero as utilized fund

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