E-filing mandatory or not

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ARTHI (Querist)
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02 February 2015 Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

Query

Is there any Taxable Income limit for a Trust registered u/s 12AA of the Act to mandatorily e-file for AY 2013-14 onwards?

Can I use the existing Form No.10B (Java Utility) for e-filing from AY 2013-14 onwards?

Thanks in advance for possible reply from all concerned.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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02 February 2015 Yes, ie., if the total income of the trust, before claiming exemption u/s 11, exceeds the maximum amount which is not chargeable to tax, the trust has to get its accounts audited leading to filing of audit report (form 10B) and ITR-7 ELECTRONICALLY from assessment year 2013-14 on wards.

The 2nd limb (xl utility) is left open for comments of members.

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