trust return

This query is : Resolved

sachin (Querist)
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20 March 2008 one of educational trust are not filing return from the f.y. 01-02. and they had taken Pancard in this year. They wanted to file I.T. Retrun. From which F.Y. they can file return? what is the procedure for filing the return ? pls guide in brief as from which year i can file return and which return form fill, specify the income tax return form s?

CA. Amit Daga

CA. Amit Daga (Expert)
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20 March 2008 YA They can file the return and procedure is normal and if in the prev yr they had any taxation they need to pay with penalty

pushpendra

pushpendra (Expert)
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21 March 2008 if you file the return for the A.Yr. 2006-07 you can file but there is a penalty of Rs. 5000.00.

and for the A.Yr. 2007-08 up to 31st march you can file return with no penalty but only intt. u/s 234 A, B ,C as if there is tax as per income tax act.

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