Whether any notification has been issued regarding this slab Rate ? If Yes then under which section and which ITR Form will be filled for availing benifit of Slab Rate under Trust.
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Whether trust shall avail the benefit of slab rate?
Replies (2)
Trust have been tax as per Slab system as applicable to Individual resident aged below 60 years.
ITR 5
Trust can avail the benfit of SLAB.
If turst claim benefit of section 11 and 12 then its required to file return in ITR 7.
If trust is a private trust the it can file return in ITR 5.
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