A Educational Trust is registered under section 12A and is having gross receipts of 3 crores and profit of Rs.74 lakhs. Whether it will be liable for Tax Audit and whether income of 74 lakhs would be taxable.
Kindly Advise.
anand dilip bagade (PROPRIETOR) (96 Points)
28 March 2019A Educational Trust is registered under section 12A and is having gross receipts of 3 crores and profit of Rs.74 lakhs. Whether it will be liable for Tax Audit and whether income of 74 lakhs would be taxable.
Kindly Advise.
Bharat Arya
(10 Points)
Replied 28 March 2019
anand dilip bagade
(PROPRIETOR)
(96 Points)
Replied 29 March 2019
Whether educational Trust can claim depreciation on school building
Live class on PF & ESI Enrollment & Returns Filing(with recording)