Employees Gratuity trust

Sujit Talukder (service) (719 Points)

06 August 2008  

A Limited company has created a Trust with LIC for the purpose of gratuity Liability of its employees viz ABC Employees Gratuity Trust Fund.

Now my query is whether this trust is subject to Income Tax provisions w.r.t

1. Obtaining PAN

2. Filing of ITR and relevant ITR

Under which category of trust this will come- Private or Public?