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Hoe to file return of AOP

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..... Hoe to file return of AOP
Query (Issue) Started By: - GOPAL HARLALKA Dated:- 14-2-2020 Last Reply Date:- 22-2-2020 Income Tax
Got 1 Reply
Income Tax
PAN card has been obtained in the name .....

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..... xyz & others. PAN no. is AAEAS0219C.It is an AOP where shares are determined. AOP has rental and interest income. Amount received from rent and interest are distributed amongst members of the AOP. T .....

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..... hese income has been shown in the hands of the members and they have paid the tax on these income. Registration under GST has been taken in the PAN of AOP. Bills are raised in the PAN of AOP . Mu qu .....

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..... ery is how to file income tax return of AOP. Since rental income and interest income has been shown in the hands of the members. There is no income in AOP. Income tax department may raise a query tha .....

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..... t why return of AOP has not been filed. There will be mismatch in Income Tax return & GST return. Kindly give your valuable opinion. CA Gopal Harlalka. Reply By DEV KUMAR KOTHARI: The Reply: Full .....

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..... facts are required. What about TDS on rent and interest ? It has to be in name of AOP. If at present there is no TDS, it is likely in future. Better course can be to show rental income in AOP, pay .....

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..... tax in AOP and distribute net income among members.
Discussion Forum - Knowledge Sharing .....

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