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Can a trust without getting register itself under section 12A file Income Tax return?
Yes as AOP
it will treate as normal return and tax liability will calculate @ 30%
Okk
Thank You Sir
But if a Trust is not claiming exemptions u/s 11 or 12 then it can file its return as AOP.
And tax will be calculated as per slab not flat 30% on reciepts.
yes u r right
okkk thanxx
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