Itr form


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Querist : Anonymous

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Querist : Anonymous (Querist)
24 October 2015 Request the experts to advise: correct ITR form for e-filing of RI by a private specific Trust (non-charitable)(members/beneficiaries shares are determinate)

25 October 2015 Return should be filed in ITR-5

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 October 2015 Thank you Mr.Ankit Agarwal for response.
ITR-5 is for Private Discretionary Trusts among others as specified not for Specific Private Trusts

26 October 2015 In my Opinion, ITR-5 should be filed.

ITR-5 has option for specifying the share of each member & the major difference between the two is just that the share is determinant in case of Specific Private Trust.


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