01 April 2019
A trust has not been registered u/s 12AA with IT department. Hence the Tax Returns has been filed under ITR-5 that of AOP. It has not been registered for the second subsequent year. Can the Trust indefinitely get filed under AOP for the purpose of Income Tax Returns? Is there a time limit by which the Trust should get itself registered?
02 April 2019
Thanks for the reply. Is there any implication if a Trust keeps filing as AOP without registering u/s 12AA? Will the IT department raise any query or notice on this matter?
27 September 2021
If the rules & regulations applicable to AOP are followed, there cannot be any objection from department. But it cannot availed any benefit which a registered trust can avail, under any act.
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