private trust

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princi (Querist)
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31 May 2017 Earlier we have filed the return itr-7 for the AY 15-16, having intt income amounting to RS.900000.Now the same get defected and the demand is raised.So plz tell me how to respond such demand.As per the advice of other expert itr5 should be filled instead of itr7.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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31 May 2017 ITR 7 is for charitable trust having exempted income. File ITR 5.

princi

princi (Querist)
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01 June 2017 Sir, now the time for filing revised return has lapsed for AY15-16.so how to respond demand notice for the same.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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02 June 2017 File rectification u/s 154.

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