Trust

HI,

IS IT COMPULSORY FOR A TRUST TO TAKE A PAN CARD EVEN IF ITS NET INCOME AND GROSS RECEIPTS ARE LESS THAN BASIC EXEMPTION LIMIT.

AND IS IT NECESSARY FOR A TRUST TO TAKE A 12A EXEMPTION EVEN IF THE NET INCOME IS LESS THAN BASIC EXEMPTION LIMIT.

AND AS IT IS NOT COMPULSORY TO FILE A RETURN, IF THE GROSS RECEIPT  IS LESS THAN BASIC EXEMPTION LIMIT. DOES IT APPLY FOR TRUST ALSO.

AND OTHER RELATED COMPLIANCE OF TRUST. IN  ABOVE MENTIONED CONDITIONS.

THANKS