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Question ID : 40667

Taxation of aop

Income of Clubs and associaitons are excluded based on the mutuality concept. But how to claim the exemption in the ITR / Exempt under which section. Return has to be filed for getting the tds refund.

Posted by T.R.S. PATHY SENTHIL on Jun 02, 2020


Answer ID : 81275

ITR to be filed as Association of persons claim exemption of income in the return will get refund of TDS deducted

Posted by Hari Beldona on Aug 29, 2021