Income tax return for 10(23aaa) trust

Gudipati Roja (Audit manager) (131 Points)

20 April 2019

Good evening,

Kindly let me which income tax return has to be filed for for trust claiming exemption u/s 10(23AAA) of IT Act,1961.

w.e.f. 01/04/2018 it is ITR-7 but for i need for FY 2017-18.

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6 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (183282 Points)
Replied 21 April 2019

Yes, for FY 2017-18 or AY 2018-19, ITR 7 was applicable for such claim.

Gudipati Roja (Audit manager) (131 Points)
Replied 22 April 2019

Sir, thank you so much for the reply.

W.e.f. 01.04.2018 means it is applicable for FY 2018-19 right? Then which return has to be filed for FY 2017-18?

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (183282 Points)
Replied 22 April 2019

W.e.f. 01.04.2018 means for assessment, effective date. Here it relates to AY 2018-19, or FY 2017-18........ ITR7 .....

Gudipati Roja (Audit manager) (131 Points)
Replied 22 April 2019

ok thank you so much sir

Gudipati Roja (Audit manager) (131 Points)
Replied 22 April 2019

Do these institutions require to get 12A registration in addition to approval u/s 10(23AAA)?

Gudipati Roja (Audit manager) (131 Points)
Replied 22 April 2019

and also if possible can you send any sample itr-7 form filed for 10(23AAA) institution?

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