Trust After due date Filing Exemption eligible or not
VIJAYRAJ R (33 Points)
13 January 2020VIJAYRAJ R (33 Points)
13 January 2020
CA Arun Tiwari
(Partner)
(6460 Points)
Replied 14 January 2020
Sec 139 (4A) of the Income Tax requires every such person who has income derived from property held under trust or other legal obligation wholly for charitable or religious purposes or in part only for such purposes the Trust to file their Income Tax return within the due date for claiming exemption of Certain Income .Else Exemption in relation to income of the Trust will not be eligible to be given .
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies