Trust itr form

ITR 405 views 4 replies

Dear All,

I have a charitable trust which is not registered u/s 12/12AA, so which ITR form i have to file for AY 2017-18.

Total receipts of the trust is below 2,50,000.00

Replies (4)

ITR 5 for AY 2017-18

Thanks for Reply Sir,

when we have to file ITR-7.

When income derived from property held under a Trust for Charitable or Religious purposes [ Sec. 139 (4A)]...... ITR 7 applicable.....

Return under section 139(4A) is required to be filed by every person in receipt of income derived from property held under trust or other legal obligation wholly for charitable or religious purposes or in part only for such purposes, or of income being voluntary contributions referred to in sub-section (iia) of clause (24) of section 2, shall, if the total income in respect of which he is assessable as a representative assessee (the total income for this purpose being computed under this Act without giving effect to the provisions of sections 11 and 12) exceeds the maximum amount which is not chargeable to income-tax.

 ITR-7 Form, Return under section 139(4A) is required to be filed by every person in receipt of income derived from property held under trust or other legal obligation wholly for charitable or religious purposes or in part only for such purpose.

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