This discussion addresses how a trust without 12A registration should file its Income Tax Return (ITR). The consensus is to file using ITR 5. While dividend income can be declared, administrative expenses like rent and salary are generally not allowable against this income.
03 October 2022
Dear Experts Trust no 12A registration, having dividend income which ITR should we file -ITR 7 or ITR 5 in which head of income, shall we shown -business / income from other sources shall we claim expenses again this income kinldy advise us