Unregistered trust return

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Shruti Mishra (Querist)
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20 July 2012 An unregistered trust in existence past 2 years having an income of not more than 4000/- wants to file their I.T Returns for the sake of registration..

Do they qualify for any exmptions under sec. 11 or 10..???

Under what head of Income should they file returns. ??? Pls suggest.

CA CKP

CA CKP (Expert)
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20 July 2012 Unless the Trust registered u/s 12A of IT Act ,the Trust is not eligible for exemption u/s 11

If the total income of the Trust for previous year is exceeding the exemption limit, they should have to file return.

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