CCI Online Learning
What do you want to learn today?


Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

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

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Trending Tags

Daily Latest Updates in your Mail Inbox