Please Help: Income tax
Posted Date : 01-Apr-2017 , 03:02:30 pm | Posted By Krishnan G Sarma
AOP for about 15 years with original PAN status as AOP, registers as a Society under Societies Registration Act, applies for 12AA Registration, gets provisional Registration with Unique Registration No. as a Public Charitable Trust, belated Return for AY 2015-16 filed on 31.03.2017 as an AOP as accepted by the IT site. What is the procedure, chronologically for conversion to Society / Trust for Income tax and claim exemption as a Public charitable Trust if found eligible by ITO?
Category : Income Tax | Answers : 0 | Comments : 1 | Hits : 383


Comments
Deepak
07-Apr-2017 , 08:29:05 amIf Society is registered under 12AA, then to claim exemption it should file ITR 7, If ITR is filled under category of AOP(ITR-5) then you can go for sec-154.