Madhav Sahu (Office Assistant) (25 Points)
21 May 2016Whether any notification has been issued regarding this slab Rate ? If Yes then under which section and which ITR Form will be filled for availing benifit of Slab Rate under Trust.
Vinay somani (CA, CS)
(Assistant Manager-Accounts)
(549 Points)
Replied 21 May 2016
Trust have been tax as per Slab system as applicable to Individual resident aged below 60 years.
ITR 5
Sudhanshu
(article)
(62 Points)
Replied 23 May 2016
Trust can avail the benfit of SLAB.
If turst claim benefit of section 11 and 12 then its required to file return in ITR 7.
If trust is a private trust the it can file return in ITR 5.
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