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Taxation of society registered under societies act 1860
Dear all,
How tax would be calculated of a society which is registered under societies act 1860, and which itr form should be filed .
Thanks in advance
Replies (1)
The Net Income of cooperative society upto Rs 10000 at tax rate of 10% , Rs 10000-20000 at rate of 20% and Rs 20000 and above at rate of 30%.
Form Itr 5 is to be filled for cooperative society.
Form Itr 5 is to be filled for cooperative society.
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