Regarding itr7

250 views 4 replies
A Trust has filed itr 7 after due date for AY 2018-19 but now CPC has raised a demand without giving exemption . how to rectify it
Replies (4)
If the Trust had made accumulation u/s 11(2) then return has to file compulsorily on and before due date otherwise exemption will not be allowed.

TRUST must filed the return before due dates to avail the benefits of exemption i/s 11 & 12 . 

Yes from A.Y. 2018-19 trust shall file ROI on and before due date in order to avail exemption under sec 11 & 12.
There is any possibility to take exemption


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details