12 September 2022
The assessee is a Provident Fund Trust and filed it's ITR in Form ITR 7 in AY 2021-22. Till last year, ITR-7 had a clause "Return furnished under Others category". Since the assessee need not furnish return u/s. 139(4A), (4B), (4C) or (4D), it had filed under "Others" category. This allowed selection of Section 10(25)(ii) for claiming exemption in respect of income of recognised provident fund trusts in AY 2021-22. However, the said clause is not there in the schema for ITR-7 for the AY 2022-23.
How will the assessee proceed to file it's ITR for the AY 2022-23 ?
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