ITR FILING -PRIVATE TRUST

The income tax return of Charitable Trusts must be filed using ITR 5 or ITR 7. 
In case the Trust is required to file an income tax return due to taxable income is in excess of the basic exemption limit, then ITR 5 can be filed.
In case the Trust is required to file an income tax return mandatorily under Sections 139 (4A) or 139 (4E) of the Income Tax Act, then ITR 7 must be filed.

The slab rate are:
First Rs. 2.50 L - Zero.
Next Rs. 2.50 L to Rs. 5 L - 5%
Next Rs. 5 L to Rs. 10 L- 20%
Next & Above Rs. 10 L- 30%

Surcharge:
10%, in case taxable income is above ₹ 50 lakhs.
15%, in case taxable income is above ₹ 1 crore.
25%, in case taxable income is above ₹ 2 crore. 
37%, in case taxable income is above ₹ 5 crore.

Note- Cess @ 4% shall also be added.

In case of any further queries, kindly mail me at casoravgupta @ gmail.com

Thanks & Regards
CA. Sorav Gupta
(Practicing Chartered Accountant)

Thank you so much for the reply, Mr.Sorav. I shall get in touch with you if any further clarifications are required.