TMI BlogTax audit - Non registered societyX X X X Extracts X X X X X X X X Extracts X X X X ..... SCHOOL RUN BY A SOCIETY REGISTERED UNDER SOCIETY REGISTRATION ACT BUT SOCIETY IS NOT REGISTERED UNDER INCOME TAX ACT UNDER SECTION SECTION 11 OR 12 .HAVING RECEIPTS OF RS EXCEEDING 40 LACS BUT INCOME ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... IS LESS THAN RS 1 LACS.WHETHER SOCIETY IS REQUIRED TO FILE INCOME TAX RETURNS AND WILL HAVE TO GO FOR TAX AUDIT OR NOT.THANKING IN ADVANCE - Reply By deepak gupta - The Reply = As per section 44AB ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... if the receipt of income exceeding 40 lacs of any previous year then society go for audit and also have to file income tax return. - Tax audit - Non registered society - Query Started By: - VIVEK B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ANSAL Dated:- 14-9-2007 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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