Please Help: INCOME TAX ON EDUCATIONAL /HOUSING SOCITY INTEREST INCOME
Posted Date : 14-Mar-2014 , 10:52:10 am | Posted By ANIL
Dear sir , If the society registered under the section of 12A and also register under society act than my question is -?
-When the Educational society receive interest of Rs. 5 lac on Fixed Deposit and also Excess of Expenditure over income 2lac (Loss) in Assessment Year 2013-14 .What will be Icome tax calculations.
-When the Housing society receive interest of Rs. 5 lac on Fixed Deposit and also Excess of Expenditure over income 2lac (Loss) in Assessment Year 2013-14 .What will be Icome tax calculations.
-When the Educational society receive interest of Rs. 5 lac on Fixed Deposit and also Excess of Expenditure over income 2lac (Loss) in Assessment Year 2013-14 .What will be Icome tax calculations.
-When the Housing society receive interest of Rs. 5 lac on Fixed Deposit and also Excess of Expenditure over income 2lac (Loss) in Assessment Year 2013-14 .What will be Icome tax calculations.
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