How to file itr 5 in case of 100 % beneficiary person know (private trust)

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Ravi SADhiyan

Practice

3087 Points Posted on 24 July 2019

Dear All Member

In ITR Partnership Membership Information( ITR_5 Form)

I know beneficiary details at the time filing ITR

If I select option Yes in Sheet No Partner's or Member's or Trust Information Serial No f(1)

In this Case ITR-5 show error

''Under this scenario, filing of ITR-5 is not required. The share of income should be reflected in the personal return of income.''

Income of Trust arise from Interest on FDR and TDS also deducted by bank

In the Above case how to File Return of Trust.

Kindly resolve my query

Thanks With Regards

Ravi SADhiyan

Replies (2)

Ravi SADhiyan

Practice

3087 Points Posted on 25 July 2019

Dear All Member In ITR Partnership Membership Information( ITR_5 Form)

I know beneficiary details at the time filing ITR If I select option Yes in Sheet No Partner's or Member's or Trust Information Serial No f(1)

In this Case ITR-5 show error ''Under this scenario, filing of ITR-5 is not required. The share of income should be reflected in the personal return of income.'' Income of Trust arise from Interest on FDR and TDS also deducted by bank In the Above case how to File Return of Trust.

Kindly resolve my query

Thanks With Regards Ravi SADhiyan