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IT return of non charitable trust

This query is : Resolved 

Which form has to be filed for IT Return of non charitable trust and what is the tax slab


ITR-7, For exemption and tax liability please go through Sections 11 and 12 of IT Act.

File ITR 5 as it is a non charitable trust. Maximum marginal rate applicable if any member of the trust having taxable income.

Please refer "exemptions to charitable trusts and institutions" ministry of Finance, Department of revenue- 27th Report (2015-16) of Public accounts Committee. This document is available in the internet.

Mr. Radhakrishnan see the query it is a non charitable trust.


Bajaj Finserv

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