Filing it return for trust before applying for regd u/s 12a
This query is : Resolved
Sai Sundar
(Querist)
22 June 2015
Dear Sir/Madam,
A Trust formed in 2005 has not filed IT returns for any year till now, though under Sec 139(4A) they should have filed returns.
Now in FY 2015-16, they are going to apply for Sec 12A registration. And as per IT provision deduction u/s 11 will apply only from the FY in which 12A registration is done.i.e. from FY2015-16
Please guide as to how to file returns (under AOP status??)for FY 2013-14& 2014-15 as there's TDS refund is to be claimed...
Thanks in Advance.
A Trust formed in 2005 has not filed IT returns for any year till now, though under Sec 139(4A) they should have filed returns.
Now in FY 2015-16, they are going to apply for Sec 12A registration. And as per IT provision deduction u/s 11 will apply only from the FY in which 12A registration is done.i.e. from FY2015-16
Please guide as to how to file returns (under AOP status??)for FY 2013-14& 2014-15 as there's TDS refund is to be claimed...
Thanks in Advance.
Nikhil Kaushik
(Expert)
22 June 2015
you need to file ITR-5 for the earlier years as an AOP
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