Dear All,
Anyone have filed recently provisional registration of 80G and 12AA for Trust in new portal of Income Tax website.
Thanks & Regards,
The Society is running a School. Its current year Receipts are Rs 2 cr and Application of Income ( Expenses ) are Rs.2.50 cr. Due to some unavoidable circumstances, it not able to file its ITR within due date. What will be Tax implications ? Whether it will be Taxed on Rs.2 cr Receipts or at Nil, since its in loss of Rs.0.50 cr. Whereas its not taking benefit of Sec 11 due to loss.
Click here to view / answer Share it onI wish to get 80G 12AA Registration for one Trust, Could somebody help me with the procedure?
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