ITR Filing for Trust without 12A


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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

04 October 2022 File ITR 5.
Claim expenses against the income.

04 October 2022 Respected Sir
well and thanks for the reply shall we show income from other sources and to claim expenses u/s 57
pl advise us

04 October 2022 What are the expenses.

04 October 2022 Respected Sir
expenses like adminisrative nature ( rent, salary, local conveyance), pl advise us

04 October 2022 Such expenses not allowed.

04 October 2022 Dear Sir
well and noted and thanks for the same

04 October 2022 You are welcome........


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