23 December 2014
For FY 2012-13, A Trust which is not registered for the purpose of IT Exemption u/s 11 filed it's return in Form-7. This return need to have been correctly filed in Form-5. Can this mistake be rectified by filing a Revised Return, Since there is a loss in FY 2012-13 & may create problems wrt carry forward/ Set-off in subsequent years??.. Please Clarify..