Which itr is required
This query is : Resolved
12 July 2013
I want to file return of trust for them which ITR is required to file if the trust is sole beneficiary Individual and income of trust is only interest income and savings bank a/c interest which comes to 133359/- and tax calculation is either NIL or applicable @ 30%
12 July 2013
ITR 7 needs to be filed
Message likes :
1 times
12 July 2013
this form is required to file online and what are tax rate slab 10% or 30%.....
12 July 2013
no e filing of itr 7 is not allowed.
12 July 2013
then we have to file manually
12 July 2013
yes in paper form.. i am not sure with the atres..i think it should be 30%
12 July 2013
i) If the trust is registered with income tax department u/s 12A and claims the benefit under section 11, then return has to be filed in ITR-7. As per proviso to rule 12(3) of the Income tax Rules,1962, ITR-7 has to be electronically filed with or without digital signature.
ii) If trust is not registered with income tax department and not enjoying section 11 benefit, ITR -5 may be used for filing income tax return which can be furnished in paper form also.
ii) If trust is not registered with income tax department and not enjoying section 11 benefit, ITR -5 may be used for filing income tax return which can be furnished in paper form also.
12 July 2013
Sir
trust own a PAN number and how to check it is register or not in IT Deptt.
trust own a PAN number and how to check it is register or not in IT Deptt.
03 August 2025
Here’s a clear breakdown for your trust’s ITR filing:
If the trust is registered under Section 12A (i.e., enjoys exemption benefits under Section 11):
Use ITR-7 form for filing.
ITR-7 filing must be done electronically (online), with or without digital signature as per rule 12(3).
Tax rates for income not applied to charitable purposes are generally 30%.
If the trust is NOT registered under Section 12A (no exemption claimed):
File using ITR-5 form (used for firms, AOPs, trusts without exemption).
ITR-5 can be filed in paper form or electronically.
Tax rate applicable is generally 30% on total income.
How to check if your trust is registered under Section 12A?
You can check with your trust’s PAN and visit the Income Tax Department’s e-filing website or call the assessing officer who handles your case.
Alternatively, you may check your trust's registration certificate or approval letter issued by the Income Tax department.
Summary:
Registered under 12A = ITR-7 (online mandatory)
Not registered = ITR-5 (paper or online)
If the trust is registered under Section 12A (i.e., enjoys exemption benefits under Section 11):
Use ITR-7 form for filing.
ITR-7 filing must be done electronically (online), with or without digital signature as per rule 12(3).
Tax rates for income not applied to charitable purposes are generally 30%.
If the trust is NOT registered under Section 12A (no exemption claimed):
File using ITR-5 form (used for firms, AOPs, trusts without exemption).
ITR-5 can be filed in paper form or electronically.
Tax rate applicable is generally 30% on total income.
How to check if your trust is registered under Section 12A?
You can check with your trust’s PAN and visit the Income Tax Department’s e-filing website or call the assessing officer who handles your case.
Alternatively, you may check your trust's registration certificate or approval letter issued by the Income Tax department.
Summary:
Registered under 12A = ITR-7 (online mandatory)
Not registered = ITR-5 (paper or online)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability of TDS on CFS, CHA fees, and shipping line charges
- Notice from IT DEPTT IF FD AMOUNT EXCEEDS 10 LACS
- Unable to generate and save json file for updated return
- GST payable under RCM
- Applicablity on tds
- LTCG offset against property buy
- Tax audit & Switching from Presumptive taxation
- PRODUCT AND SERVICE CATEGORY CODE
- WRONGLY UPLOADED 10IF FOR COOPERATIVE SOCIETY
- GSTR9- ITC
- GST QUERY TO RAISED PROFESSIONAL FEE BILL BY CA
- Place of supply under Gst for tax audit services
- Which SAC code should be selected??
- Import purchase entry
- Rule 54(1A) for Distributing ITC
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
Trending Online Classes
-
LIVE Course on GSTR-9 & GSTR-9C (Technical | Practical | Concept - Based)
Sachin Jain03 November 2025
CAclubindia
