30 August 2013
An educational Society(say xxxx Educational Society) registered under the Indian Trust Act has PAN Number starting AAAAMXXXXC which represents the status of an AOP.
The society, infact, promoting education and wants to claim exemption U/s 10(23C).
As you know ,From the Asst.Year 2013-14 e return has to be filed for Trusts.
Since the 4th Letter is "A" , system is not permitting to file it as Trust.The original filer of PAN made a mistake in filing the status as an AOP , instead of Trust.
How to change the status and file the ROI to claim exemption U/s 10(23C)?
01 September 2013
Venkat sir, Have You check the STATUS of this Assessee in "VIEW PROFILE" on Login into IT Efiling website? Trusts normally allotted under "AOP(TRUST)" Status. But when applying PAN they may not quote correct Status. In Correction PAN Application the status correction is not available. So contact your AO in this regard. Sir, one doubt, Is it is compulsory to efile Trust ITR or it is optional? Please clarify me.Thanks