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403 views • Question added Apr 01, 2017 • Income Tax • By Krishnan G Sarma , CA , Thiruvananthapuram


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?

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Deepak

07-Apr-2017 , 08:29:05 am

If 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.

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