Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

ITR 7 or ITR5

152 views

Save Share

Aj Style

Student

360 Points Posted on 30 March 2021

i have a charitable trust which I have recently opened. i have received some voluntary donation from people and incurred expenses on charitable purposes. Now my question is which ITR form is applicable in my case, since I have no 80g and 12aa registration from income tax department. can I file return u/s 139(4a).

Replies (2)

Quick Summary

This discussion addresses which Income Tax Return (ITR) form a newly opened charitable trust should use. The user has received donations and incurred expenses but lacks 80G and 12AA registration. The advice provided suggests that ITR 5 is the appropriate form in this scenario, especially if the trust is not registered under section 21A.