Please Help: Charitable society's income

Posted Date : 29-Jun-2011 , 03:52:45 am | Posted By CA Rajnish

ITR 7 is applicable for charitable societies income if registered in I.T.Dept.the point is that under which head of income we show the any amount which excess of Income over Expenses.Is it business income or Other sources income.Society is purely charitable purpose

Category : Income Tax | Answers : 1 | Comments : 1 | Hits : 438