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TAXATION OF EDUCATIONAL INSTITUTION


Dear Sir,

one of Educational institution registered as society and PAN as  AOP statuts, not having registred under sec 12A, and gross receipts less than 1 crores, under which head income and expenditure to be shown in ITR 7, whther  under Businees head or Income from other Sources.

Further institution has loss as per Income and expenditure.  How to disclosei in ITR 7?  Whether income to be claimed as exempt  under SEc 10(23C)(iiiad)? or straight income and exependiture to shown under other sources in ITR7,

 

Please clarify,

Thanking you

Regard,s

REKHA 

 



By: REKHA B V
Useful, I would like to to know, Is there any separate certificate to be obtained by the trust u/ s10(23). As it is one of the tax exempt sections

By: DR SATISH KELSHIKAR
Useful, I would like to to know, Is there any separate certificate to be obtained by the trust u/ s10(23). As it is one of the tax exempt sections

By: DR SATISH KELSHIKAR
Useful, I would like to to know, Is there any separate certificate to be obtained by the trust u/ s10(23). As it is one of the tax exempt sections

By: DR SATISH KELSHIKAR



164654
 
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25 Apr

☑ Half-Yearly | ITC-04

ITC-04 for the half year (Oct - Mar 2024) (For taxpayers > 5 Cr. Turnover) - Rule 45.

☑ Annual | ITC-04

ITC-04 for the FY 2023-24 (For taxpayers upto 5 Cr. Turnover) - Rule 45.

28 Apr

☑ Monthly | GSTR-11

GSTR-11 for the m/o Mar 2024 (Statement of inward supplies by persons having Unique Identification Number (UIN)).

30 Apr

☑ Annual | GSTR-4

GSTR-4 (Annual Return) for FY 2023-24 by Composite Taxpayer (Rule 62).

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Last date for opt-in / opt-out QRMP Scheme for quarter Apr - June 2024 (Rule 61A)