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TAXABILITY OF A REGD SOCIETY UNDER SOCIETY REGISTRATION ACT BUT NOT U/S 12A, Income Tax

Issue Id: - 116317
Dated: 24-5-2020
By:- sanjeev agrawal

TAXABILITY OF A REGD SOCIETY UNDER SOCIETY REGISTRATION ACT BUT NOT U/S 12A


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Dear Experts, With Reference to Provisions of Section 167B which do not apply to company or a society regd under society registration Act, Income of such Charitable Educational Society having annual receipt of more than one crore has been taxed at mmr on its total income, the return was furnished in form ITR 7, in rectification application what relief can be claimed. Thnx and regards.

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1 Dated: 6-7-2020
By:- DR.MARIAPPAN GOVINDARAJAN

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