Whether the Trust created by you is a Public or Private is not known. ITR-7( presently Manual return is only allowed-No e’filing) is to be filed U/s139(4A) of IT Act by trustees of charitable or religious trusts if the total income of trust exceeds the minimum amount which is chargeable to income-tax without giving effect to provisions of Section 11 and 12.
Also, trusts/institutions whose income is exempted U/s 11 and 12 of IT Act are also required to file a return.The return of income has to be filed along with the audit report submitted by chartered accountants in Form 10 B after auditing accounts of various trusts/institutions.
In your case of the Trust ,registered in1996, You may proceed to file the required ITR s now, as there are NO activities in the earlier years.Regards.
CAclubindia
