The trust under consideration is registered as AOP-Society under societies registaration act 1860, it has applied its income for its objects but has not 12A registration can it still claim exemption while filing ITR?
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Taxation of trusts
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You have to register under 12aa
Registration under 12AA is not obtained
But excess of income over expenditure is less than 250000
Then file return claiming basic exepmtion limit.ITR 7 can be filed(unregistered is to be selected )
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