Exemption u/s 10(25)(iv)

Hey aditya and anuradha, i know an answer to the query asked but its my personal opinion and i.e. the entity in the case mentioned is in nature of a private trust and hence the return is to be filed under ITR 5 and not in ITR 7. There you can avail the exemption under section 10(25) as mentioned in the case above. Hope this solves your query.

Take care !

can u please exactly show the row in ITR 5 where i have to show that i will be claimimg exemption u/s 10(25)(iv).

Hey anuradha, if you go through the ITR 5 form you will find a schedule EI (short for Exempt Income) where u will enter the exempt income. And in this case, income will fall under column 'Others'.

Thank You so much. Hope it helps

I hope the same. Take care!

BUT trust is having forth letter of its PAN T, and trust can only file ITR 7 so can ITR 5 be filled?

private discretionary trust will file ITR 5. 

Do you require to fill the balance sheet for private trust

when a gratuity trust initially not registered  but get itself registered subsequently and can it claim exemption under section 10(25)?