Return of income filing obligation applies to registered non-profit organisations when taxable income exceeds the exemption threshold. A registered non-profit organisation must furnish a return of income where its total income, computed without applying the provisions of this Part, exceeds the maximum amount not chargeable to income-tax in a tax year. The return must be filed in accordance with the prescribed filing provisions and within the applicable time limit.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Return of income filing obligation applies to registered non-profit organisations when taxable income exceeds the exemption threshold.
A registered non-profit organisation must furnish a return of income where its total income, computed without applying the provisions of this Part, exceeds the maximum amount not chargeable to income-tax in a tax year. The return must be filed in accordance with the prescribed filing provisions and within the applicable time limit.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
