Itr - trust
This query is : Resolved
CA JAYESH RELKAR
(Querist)
09 August 2017
Respected Sir,
Can trust income tax return be file as "no accounts case". Because, there is option given in ITR-5 for filing return as no accounts case. It means probably we can file no accounts case. What say...?
Can trust income tax return be file as "no accounts case". Because, there is option given in ITR-5 for filing return as no accounts case. It means probably we can file no accounts case. What say...?
ABHISHEK GARG
(Expert)
11 August 2017
Dear Jayesh JI
ITR for Trust is ITR-7, not ITR-5.
ITR for Trust is ITR-7, not ITR-5.
CA JAYESH RELKAR
(Querist)
11 August 2017
OHH YES... SORRY. YOU R RIGHT...
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ABHISHEK GARG
(Expert)
12 August 2017
You can file ITR 7 with Providing mandatory Details, such as Balance of Corpus & Non Corpus Fund, Voluntary Contributions and any Other Income. There is no option for No Accounts Case in ITR-7. You need to fill the Mandatory options atleast.
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