Management Consultant
1026 Points
Joined August 2012
Is it mandatory for a trust to file return of income?
It is mandatory for a trust referred to in Sections 139(4A), 139(4C), 139(4D) and 139(4E) to file the return of income.
Further, a trust (not covered in above provision) is required to file return of income if its gross total income exceeds the maximum amount which is not chargeable to tax.